OECD Economic Outlook, Volume 2016 Issue 1
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OECD Economic Outlook, Volume 2016 Issue 1

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, a special chapter on promoting productivity and equality, a chapter summarising developments and providing projections for each individual country and a statistical annex.
 

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Author(s):
OECD

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After weak growth last year, activity is set to accelerate in 2016-17. Domestic demand is projected to be the main driver, but exports will also recover as world markets regain momentum. The unemployment rate is likely to remain above 9%. After falling temporarily into negative territory at the end of 2015, inflation will slowly return to the central bank’s target as the economy strengthens.

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