The OECD Economic Outlook is the OECD’s twice-yearly analysis of the major economic trends and prospects for the next two years. The Outlook puts forward a consistent set of projections for output, employment, prices, fiscal and current account balances.
Coverage is provided for all OECD member countries as well as for selected non-member countries. This issue includes a general assessment, chapters summarising developments and providing projections for each individual country, a chapter on medium and long-term scenarios for growth and imbalances, and a and a statistical annex.
- 19 June 2012
The economy is projected to continue its robust expansion through 2013. Private consumption and investment will rise appreciably, supported by fiscal and monetary policy. Exports will benefit from their concentration on relatively strong economies in Europe and Asia. Higher activity and commodity prices are likely to lift consumer price inflation from its currently low level.