OECD: UK saw a slowdown from 0.3% in Q2 to 0.1% in Q3, 'as destocking continues' - London Business News | Londonlovesbusiness.com
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OECD: UK saw a slowdown from 0.3% in Q2 to 0.1% in Q3, 'as destocking continues' - London Business News | Londonlovesbusiness.com
"Gross Domestic Product (GDP) growth showed a mixed picture across the 25 OECD countries for which data was available in the third quarter of 2025. 12 countries recorded higher growth rates compared with Q2 2025, GDP was unchanged in 3 countries, while 5 recorded lower growth compared with Q2 2025 and 5 recorded a GDP contraction. As a result, GDP growth in the OECD slowed to 0.2% in Q3 2025, down from 0.4% in the previous quarter, according to provisional estimates."
"Looking at G7 countries, growth accelerated in France, reaching 0.5%, up from 0.3% in Q2 2025, sustained by foreign trade as exports accelerated and imports decreased. Canada's growth recovered in Q3 to 0.1%, from -0.4% in the previous quarter. In Japan, GDP contracted by 0.4% in Q3, after 0.6% growth in Q2. Foreign trade was the main drag on Japanese growth, with exports decreasing in Q3."
"Germany and Italy recorded zero growth in Q3, after contractions of 0.2% and 0.1%, respectively, in Q2. GDP data for the United States was not yet available for Q3 at the time of publication of this release. Among other OECD countries, Israel saw the largest acceleration, with growth rebounding to 3.0% in Q3, after contracting by 1.1% in Q2. In contrast, Finland, Ireland, Lithuania, and Mexico recorded contractions between 0.1 and 0.3% in Q3."
GDP growth across 25 OECD countries showed mixed results in Q3 2025: 12 countries recorded higher growth, 3 were unchanged, 5 lower, and 5 contracted. OECD aggregate growth slowed to 0.2% in Q3, down from 0.4% in Q2. Among G7 countries, France accelerated to 0.5% driven by exports, Canada recovered to 0.1%, Japan contracted by 0.4% largely due to weaker exports, and the United Kingdom slowed to 0.1% amid destocking. Germany and Italy recorded zero growth after prior contractions. Israel rebounded to 3.0% while several countries experienced modest contractions. Year-on-year OECD growth eased from 1.7% to 1.5%.
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