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 a weak 2015, economic growth is projected to strengthen gradually as domestic demand receives support from negative interest rates and increasing real wages. With the currency stabilising over recent months and oil prices recovering, consumer prices should turn up during 2017. After a recent rise, unemployment will start to fall in 2017, but the outsized current account surplus will persist.

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