Of the seven most industrialized countries in the world total gross domestic product rose one tenth fewer than in the previous quarter. The euro zone has been the most punished by the figures. United States improves its results. The economy of the more developed countries slowed its growth in the second quarter of the year, when the gross domestic product (GDP) rose one-tenth percent less than in the previous, up 0.2 per cent, as reported on Monday the Organization for cooperation and economic development (OECD). The published data represent the fourth consecutive quarter of slower economic growth in the 34 countries that comprise this club, said the OECD in a statement. The economy of the seven most industrialized countries registered a stagnation, with a 0.2% rise compared to the first quarter, which had had the same increase. By annual comparison, growth in the OECD countries was 1.6%, compared to 2.4% in the first three months of 2011. The euro zone, the most affected the growth slowdown was more pronounced in the euro area than in the United States, where the economy improved their data with respect to the previous quarter.
A few days ago, the statistical office Eurostat announced a slowdown in the economy of the countries of the European Union and the euro zone. The big surprise of the publication of these results was the marked slowdown of the German economy, considered the locomotive of Europe. In the European Union, GDP increased by 0.2% after having progressed by 0.8% in the first three months. Starred in the greater slowdown Germany, where the economy went from grow by 1.3% in the first quarter to 0.1% of the second. France, the second largest European economy, stalled between April and June after having progressed by 0.9% in the first, while United Kingdom went from 0.5% in the first quarter to 0.2%.
The Italian economy, whose GDP grew by 0.3% in the second quarter, He improved with two percentage tenths more than the first. United States improving the eLa economy accelerated in United States, although the OECD warned that it was because of a major review downward its figures in the first quarter. American GDP grew by 0.3% in the second quarter, after having risen in the first 0.1% and not 0.5% announced last June. The Japanese economy was the only one of the seven largest in the world that fell in the second quarter, although the fall went from being 0.9% between January and March to 0.3% between April and June. Source of the news: the OECD confirms the economic slowdown of the richest countries