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2015 OECD Economic Outlook, Volume 2015 Issue 2

image of OECD Economic Outlook, Volume 2015 Issue 2

This OECD Economic Outlook analyses the current economic situation and examines the economic policies required to foster a sustained recovery in member countries. The present issue covers the outlook to end 2017 for both OECD countries and selected non OECD economies. Together with a wide range of cross-country statistics, the Outlook provides a unique tool to keep abreast of world economic developments.

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Belgium

Economic growth is projected to strengthen slowly. A pick-up in private investment will be underpinned by favourable financial conditions and export growth is expected to benefit from stronger growth in Europe. However, household consumption will be held back by ongoing fiscal consolidation and wage restraining measures. Nonetheless, activity should be sufficiently strong to allow a slow decline in unemployment. Inflation is set to tick up as the effects of lower energy prices dissipate.

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