Thursday, March 29, 2012

Reuters: Market News: TABLE-OECD Q1, Q2 GDP forecasts for G7 countries

Reuters: Market News
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TABLE-OECD Q1, Q2 GDP forecasts for G7 countries
Mar 29th 2012, 09:00

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Thu Mar 29, 2012 5:00am EDT

 PARIS, March 29 (Reuters) - Following are updated forecasts from the Organisation for Economic Cooperation and Development for first and second quarter growth in gross domestic product in the world's main developed economies.        The GDP forecasts are for annualised, quarter-on-quarter growth and are based on GDP releases and high-frequency indicators published by March 28, 2012. Data are seasonally and in some cases also working-day adjusted. Figures in brackets show the associated standard error ranges.                                 GDP growth (annualised q/q)                                                            10Q4  11Q1  11Q2  11Q3  11Q4  12Q1  12Q2   United States      2.3   0.4   1.3   1.8   3.0   2.9    2.8  Japan             -0.6  -7.0  -1.3   7.1  -0.8   3.4    1.4  Euro 3*            1.5   3.6   0.8   1.2  -0.8  -0.4    0.9  Germany            1.9   5.5   1.1   2.3  -0.7   0.1    1.5  France             1.6   3.5  -0.1   1.3   0.6  -0.2    0.9  Italy              0.7   0.5   1.2  -0.7  -2.6  -1.6   -0.1  UK                -2.0   1.0  -0.2   2.3  -1.2  -0.4    0.5  Canada             3.1   3.7  -0.6   4.2   1.8   2.5    2.5  G7                 1.4   0.2   0.6   2.6   1.1   1.9    1.9                                                               * The weighted average of the three largest countries in the euro area (Germany, France and Italy) 
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