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OECD - Latest News [Page 5]
OECD Annual Inflation Slows To 1.2% In October 2020
Friday, 4 December 2020, 6:29 am | OECD
Annual inflation in the OECD area slowed slightly to 1.2% in October, compared with 1.3% in September 2020. Energy prices declined by (minus) 7.7% in October, at a faster pace than in September (minus 6.5%), while food price inflation was stable at 3.6%. ... More >>
Continued Fiscal Support And Public Health Action Needed To Make Hope Of Recovery A Reality
Wednesday, 2 December 2020, 8:34 am | OECD
The prospect of a number of COVID-19 vaccines becoming widely available next year has lifted hopes for a faster recovery, but policymakers will need to retain both public health and fiscal support while acting decisively for the momentum to pick ... More >>
COVID-19 Crisis Accentuating The Need To Bridge Digital Divides, Says OECD
Saturday, 28 November 2020, 8:39 am | OECD
Improved Internet connectivity and skills have helped many countries to cope with the health and economic crisis from COVID-19. Yet the pandemic has raised the bar for the digital transition and underscores the need to close the digital divides ... More >>
Asia-Pacific Countries Have Managed COVID-19 Crisis Relatively Well But Major Challenges Remain Elsewhere
Friday, 27 November 2020, 12:00 pm | OECD
Australia, Japan, Korea, and New Zealand did better than most countries in flattening the curve of the COVID-19 epidemic and containing the first wave of the virus, according to the OECD’s first analysis of the impact of COVID-19 on health systems of countries ... More >>
G20 International Merchandise Trade Rebounds In Q3 Of 2020 But Remains Below Pre-pandemic Level
Friday, 27 November 2020, 8:07 am | OECD
G20 international merchandise trade rebounded sharply in the third quarter of 2020 (exports up 21.6% and imports up 18.1%) after its precipitous fall in the second quarter of 2020 as lockdown measures were brought in across the globe. However, international ... More >>
G20: Global Co-operation And Strong Policy Action Needed For A Sustainable Recovery
Monday, 23 November 2020, 7:42 am | OECD
The COVID-19 crisis has exposed major weaknesses in our economies that can only be fixed through greater global co-operation and strong, targeted policy action, according to a new OECD report presented to the Leaders of the G20 countries at their ... More >>
OECD GDP Rebounded By 9.0% In The Third Quarter Of 2020 But Remains Below Pre-Pandemic High
Friday, 20 November 2020, 6:22 am | OECD
Following the unprecedented falls in real gross domestic product (GDP) in the first half of the year in the wake of COVID-19 containment measures, GDP in the OECD area rebounded by 9.0% in the third quarter of 2020 but it remains 4.3% below its pre-crisis ... More >>
Govt Support Measures Continue To Shield Household Income From Economic Impact Of COVID-19 In Second Quarter Of 2020
Friday, 13 November 2020, 6:28 am | OECD
Despite the significant (10.6%) fall in real GDP growth per capita in the OECD area in the second quarter of 2020, growth in real household income per capita, which provides a better picture of changes in households’ economic well-being, increased ... More >>
Marginal Fall In OECD Unemployment Rate In September 2020 As Pace Of Improvement Slows
Wednesday, 11 November 2020, 6:38 am | OECD
The OECD area unemployment rate continued to fall, albeit at a slower pace, in September 2020, to 7.3%, from 7.4% in August. The rate remains 2.1 percentage points higher than in February, before the COVID-19 pandemic hit the labour market. Some care is ... More >>
CLIs Point To A Continued Moderation In Growth Prior To The Recent Tightening Of COVID-19 Restrictions
Tuesday, 10 November 2020, 6:32 am | OECD
Even before the recent tightening of COVID-19 restrictions in many major economies, CLIs compiled for October 2020 pointed to a continued deceleration in the pace of improvement in the OECD as a whole and across most major economies. Whilst some expectation ... More >>
Climate Finance For Developing Countries Rose To USD 78.9 Billion In 2018 – OECD
Saturday, 7 November 2020, 6:20 am | OECD
Climate finance provided and mobilised by developed countries for developing countries totalled USD 78.9 billion in 2018, up 11% from 71.2 billion in 2017. The increase was driven by a rise in public climate finance, while private climate finance was ... More >>
OECD Annual Inflation Stable At 1.3% In September 2020
Thursday, 5 November 2020, 6:11 am | OECD
Annual inflation in the OECD area was stable at 1.3% in September 2020. Energy prices continued to fall in September (minus 6.5%), but at a slower pace than in August (minus 7.0%) while food price inflation slowed to 3.6%, compared with 3.8% in August. ... More >>
OECD Announces Candidates For Next Secretary-General
Tuesday, 3 November 2020, 6:28 am | OECD
The OECD today issued an official list of candidates nominated by member countries for the position of Secretary-General of the Organisation. The OECD Council will select a candidate to succeed the current Secretary-General, Angel Gurría, for a ... More >>
COVID-19 Crisis Puts Migration And Progress On Integration At Risk, Says OECD
Tuesday, 20 October 2020, 6:20 am | OECD
Watch the live webcast of the press conference Migration flows have increased over the past decade and some progress has been made to improve the integration of immigrants in the host countries. But some of these gains may be erased by the COVID-19 pandemic ... More >>
OECD Area Employment Rate Falls By 4.0 Percentage Points, To 64.6% In Second Quarter Of 2020
Friday, 16 October 2020, 6:09 am | OECD
The OECD area employment rate – the share of the working-age population with jobs – fell by 4.0 percentage points, to 64.6%, in the second quarter of 2020, its lowest level since the fourth quarter of 2010. Across the OECD area, 560 million persons ... More >>
UK: Spending To Address COVID-19 & Brexit Should Fit With Productivity, Social & Environmental Goals
Thursday, 15 October 2020, 6:44 am | OECD
UK: spending to address COVID-19 and Brexit should fit with productivity, social and environmental goals, says OECD The United Kingdom faces major challenges from the COVID-19 crisis and leaving the EU Single Market. Ramping up investment in the ... More >>
OECD Unemployment Rate Falls To 7.4% In August But Remains 2.2 Percentage Points Above February
Tuesday, 13 October 2020, 8:13 am | OECD
The OECD unemployment rate fell by 0.6 percentage point in August, to 7.4%, but remained 2.2 percentage points above the level observed in February, before the COVID-19 pandemic hit the labour market. 48.4 million persons were unemployed in the OECD ... More >>
OECD Annual Inflation Stable At 1.2% In August 2020
Tuesday, 6 October 2020, 6:43 am | OECD
Annual inflation in the OECD area overall was stable at 1.2% in August 2020. Energy prices continued to fall in August (minus 7.1%), but at a slower pace than in July (minus 8.4%), while food price inflation picked up slightly to 3.9%, compared with ... More >>
New OECD PISA Report Reveals Challenge Of Online Learning For Many Students And Schools
Wednesday, 30 September 2020, 8:04 am | OECD
The COVID-19 pandemic has led to school closures across the world and forced teachers and students in many countries to adapt quickly to teaching and learning online. But a new OECD PISA report reveals wide disparities both between and within countries ... More >>
More Efforts Needed From Governments And Businesses To Unlock Potential Of Sustainable Finance: OECD
Wednesday, 30 September 2020, 8:02 am | OECD
Governments and regulators should urgently work together to improve the data used for environmental, social and governance (ESG) investing, according to a new OECD report. The OECD Business and Finance Outlook 2020 says that ESG investing has grown ... More >>
