OECD World Economy To Slow More
Published / Last Updated on 08/09/2011
OECD World Economy To Slow More.
The Organisation for Economic Co-operation and Development (OECD) has warned that the world economy is likely to slow by the end of 2011. It expects 0.3% growth in the UK in the quarter of the year, but believes the economy could contract by as much as 1%.
The OECD is predicting that the 7 largest economies will grow by just 0.2% with Germany being affected the most by a downturn in global trade.