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2019 OECD Economic Outlook, Volume 2019 Issue 1

image of OECD Economic Outlook, Volume 2019 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 the effects of digitalisation on productivity and a chapter summarising developments and providing projections for each individual country.

English French, German

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Iceland

The economy will slow significantly as exports, in particular tourism, decline because of the insolvency of a major domestic airline. Household consumption growth will ease on the back of moderate wage growth. Business investment will gradually recover from the current trough, but housing investment will ease further following a wave of new construction. Unemployment will edge up as the economy slows, and the current account surplus will narrow.

English French, German

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