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2017 OECD Economic Outlook, Volume 2017 Issue 1

image of OECD Economic Outlook, Volume 2017 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 how to make trade work for all and a chapter summarising developments and providing projections for each individual country. A statistical annex is available on the web.

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Economic growth is projected to strengthen in 2017 and 2018, on the back of stronger private consumption, stronger foreign demand and a very accommodative monetary policy stance. With labour markets tightening, inflationary pressures will surface. Public investment is set to ease. The current account surplus will remain sizeable, driven by an improving trade balance and strong income from large net foreign asset holdings.

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