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2013 OECD Economic Outlook, Volume 2013 Issue 1

image of OECD Economic Outlook, Volume 2013 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, chapters summarising developments and providing projections for each individual country, a special chapter on growth prospects and fiscal requirements over the long term, and a statistical annex.

 

English Also available in: French, German

Israel

Growth has continued to slow, but GDP is being boosted by new offshore natural gas production. External demand will underpin activity in 2014, but the contractionary effects of a sharp fiscal consolidation will be substantial. Inflation is currently low, but price pressures may develop over the projection period in the light of relatively tight labour and product markets.

English Also available in: French

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