The OECD area slows down and Italy is in the black jersey. The Organization for Economic Cooperation and Development announced today that in the first quarter the GDP of the most industrialized countries saw growth drop to +0,4% compared to the previous three months, against the +0,5% recorded in the final of 2013.
In this context of generalized weakening, Italy is the country that has recorded the weakest performance, and the only case of a decline in GDP among all the G7 economies: -0,1% compared to the previous three months, after the +0,1% in the fourth quarter.
Our country also registers the only negative change in comparison on an annual basis: -0,5%, compared to +2,1% of the OECD average.
