OECD Economic Outlook, Volume 2008 Issue 1
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OECD Economic Outlook, Volume 2008 Issue 1

This June 2008 issue of OECD's twice-yearly OECD Economic Outlook provides analysis of recent economic developments and economic projections for OECD and major non-OECD countries through the end of 2008. Its comprehensive statistical annex is a useful reference tool for international economic comparisons. The special chapter examines the implications of supply-side uncertainties for economic policy.
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Publication Date :
04 June 2008
DOI :
10.1787/eco_outlook-v2008-1-en
 
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Author(s):
OECD
Pages :
144–146
DOI :
10.1787/eco_outlook-v2008-1-19-en

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Growth was weak in 2007, reflecting fiscal consolidation. Though remaining below the trend rate, it is projected to recover in 2008-09, with robust exports favouring investment, while decelerating inflation should support household purchasing power and help consumption. The current account deficit should continue to decline.
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