Home World OECD region’s economy returns to pre-COVID-19 levels in the third quarter of 2021

OECD region’s economy returns to pre-COVID-19 levels in the third quarter of 2021

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[TheeconomyoftheOECDregionwillreturntothelevelbeforetheCOVID-19pandemicinthethirdquarterof2021]On November 18, local time, the latest report issued by the Organization for Economic Cooperation and Development (OECD) headquartered in Paris, France shows that the OECD region In the third quarter of 2021, the gross domestic product (GDP) exceeded the level before the global pandemic of the new crown epidemic for the first time, but the growth rate in the third quarter of 2021 slowed down from the second quarter. It is estimated that the GDP of the OECD region increased by 0.5% between the fourth quarter of 2019 and the third quarter of 2021, mainly due to the good performance of the United States, South Korea, Israel and some European countries. However, the quarter-on-quarter GDP growth in the OECD region is expected to fall from 1.7% in the second quarter of 2021 to 0.9% in the third quarter. (CCTV News Client)


On November 18, local time, the latest report released by the Organization for Economic Cooperation and Development (OECD) headquartered in Paris, France, shows that the OECD region will be in the third quarter of 2021.GDP(GDP) For the first time, it exceeded the level before the global pandemic of the new crown epidemic, but the growth rate in the third quarter of 2021 slowed down from the second quarter.

It is estimated that the GDP of the OECD region increased by 0.5% between the fourth quarter of 2019 and the third quarter of 2021, mainly due to the good performance of the United States, South Korea, Israel and some European countries. However, the quarter-on-quarter GDP growth in the OECD region is expected to fall from 1.7% in the second quarter of 2021 to 0.9% in the third quarter.

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(Source: CCTV News Client)


Article source: CCTV News Client

Editor in charge: 73

Original title: The economy of the OECD region in the third quarter of 2021 will return to pre-COVID-19 levels

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