- Eurozone GDP 0.8% 2014, 1.1% 2015
- US GDP 2.2% 2014, 3.1% 2015
- Chinese GDP 7.3% 2014, 7.1% 2015
- Japanese GDP 0.9% 2014, 1.1% 2015
Details are from the OECD’s preliminary economic outlook report. The full report is due out towards the end of the month.
- Sees low-gear recovery in global growth led by US
- Sees prolonged period of stagnation in Euro area
- Urges ECB to launch QE program including government bonds
