Textile & Apparel
Textiles
OECD GDP growth slightlly up to 0.5% in Q3 2024
Nov 23, 2024
Insights
- OECD GDP rose by 0.5 per cent in Q3 2024, with G7 growth stable at 0.5 per cent.
- The US led G7 growth at 0.7 per cent, while Canada, Japan, the UK, and Italy saw slowdowns.
- France (0.4 per cent) and Germany (0.2 per cent) showed rebounds, driven by private consumption.
- Hungary, Latvia, and Sweden saw GDP drops, while Ireland (2.0 per cent) and Mexico (1.3 per cent) led growth.