{"id":41400,"date":"2024-05-23T19:37:09","date_gmt":"2024-05-23T19:37:09","guid":{"rendered":"https:\/\/www.africa-press.net\/mauritius\/all-news\/oecd-area-gdp-grows-0-4-in-1st-quarter"},"modified":"2024-05-23T20:46:58","modified_gmt":"2024-05-23T20:46:58","slug":"oecd-area-gdp-grows-0-4-in-1st-quarter","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/mauritius\/all-news\/oecd-area-gdp-grows-0-4-in-1st-quarter","title":{"rendered":"OECD area GDP grows 0.4% in 1st quarter"},"content":{"rendered":"

Africa-Press – Mauritius. <\/strong><\/span>The gross domestic product (GDP) in the Organization for Economic Cooperation and Development (OECD) area rose 0.4% in the first quarter of this year, compared to the previous period, according to data released on Thursday.<\/p>\n

The GDP growth was slightly up from 0.3% in the last quarter of last year.<\/p>\n

Among G7 countries, growth rebounded in the UK and Germany with GDP rising 0.6% and 0.2% in January-March, respectively, following contractions of 0.3% and 0.5% in October-December 2023.<\/p>\n

Growth also gained momentum in Canada, from 0.2% to 0.6% in the same period, and in Italy and France, from 0.1% in both countries in the fourth quarter of last year to 0.3% in Italy and 0.2% in France in the first quarter of this year.<\/p>\n

The euro area GDP increased 0.3% in the three months to March, shifting from a 0.1% contraction in the previous two quarters.<\/p>\n

The US economy grew 0.4% in the first quarter of 2024, easing from the previous quarter’s 0.8% growth due to a slowdown in final domestic demand and a rise in imports.<\/p>\n

Japan’s GDP contracted by 0.5% after stagnating in the last quarter.<\/p>\n

Among other OECD countries for which data is available, Israel posted the strongest quarterly GDP growth in January-March at 3.3%, following a contraction of 5.9% in October-December 2023.<\/p>\n

On an annual basis, the GDP in the OECD area went up by 1.6% in the first quarter of this year, marginally easing from 1.7% in the previous quarter.<\/p>\n

For More News And Analysis About Mauritius<\/a> Follow Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Mauritius. The gross domestic product (GDP) in the Organization for Economic Cooperation and Development (OECD) area rose 0.4% in the first quarter of this year, compared to the previous period, according to data released on Thursday. The GDP growth was slightly up from 0.3% in the last quarter of last year. Among G7 […]<\/p>\n","protected":false},"author":84,"featured_media":41399,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5],"tags":[233,245,140,3170,241,2853],"class_list":{"0":"post-41400","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","6":"hentry","7":"category-all-news","8":"category-economy","9":"tag-africa-press","10":"tag-africa-press-mauritius","11":"tag-gdp","13":"tag-mauritius","14":"tag-oecd"},"yoast_head":"\nOECD area GDP grows 0.4% in 1st quarter - Mauritius<\/title>\n<meta name=\"description\" content=\"The gross domestic product (GDP) in the Organization for Economic Cooperation and Development (OECD) area rose 0.4% in t ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/mauritius\/all-news\/oecd-area-gdp-grows-0-4-in-1st-quarter\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"OECD area GDP grows 0.4% in 1st quarter\" \/>\n<meta property=\"og:description\" content=\"The gross domestic product (GDP) in the Organization for Economic Cooperation and Development (OECD) area rose 0.4% in t ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/mauritius\/all-news\/oecd-area-gdp-grows-0-4-in-1st-quarter\" \/>\n<meta property=\"og:site_name\" content=\"Mauritius\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2024-05-23T19:37:09+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-05-23T20:46:58+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/mauritius\/sites\/61\/2024\/05\/sm_1716480857.210418.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"864\" \/>\n\t<meta property=\"og:image:height\" content=\"486\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/mauritius\/all-news\/oecd-area-gdp-grows-0-4-in-1st-quarter#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/mauritius\/all-news\/oecd-area-gdp-grows-0-4-in-1st-quarter\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/mauritius\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"OECD area GDP grows 0.4% in 1st quarter\",\"datePublished\":\"2024-05-23T19:37:09+00:00\",\"dateModified\":\"2024-05-23T20:46:58+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/mauritius\/all-news\/oecd-area-gdp-grows-0-4-in-1st-quarter\"},\"wordCount\":243,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/mauritius\/all-news\/oecd-area-gdp-grows-0-4-in-1st-quarter#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/mauritius\/sites\/61\/2024\/05\/sm_1716480857.210418.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Mauritius\",\"GDP\",\"growth\",\"Mauritius\",\"OECD\"],\"articleSection\":[\"all news\",\"economy\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/mauritius\/all-news\/oecd-area-gdp-grows-0-4-in-1st-quarter#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/mauritius\/all-news\/oecd-area-gdp-grows-0-4-in-1st-quarter\",\"url\":\"https:\/\/www.africa-press.net\/mauritius\/all-news\/oecd-area-gdp-grows-0-4-in-1st-quarter\",\"name\":\"OECD area GDP grows 0.4% in 1st quarter - 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