OECD unemployment rate falls to 7.7% in July 2020 but remains 2.5 percentage points higher than in February
CLIs continue to strengthen but at a slowing pace
OECD annual inflation picks up slightly, to 1.2% in July 2020
G20 international merchandise trade collapsed in April 2020 but began to recover in May and June as COVID 19 containment measures eased
Unprecedented fall in OECD GDP by 9.8% in Q2 2020
OECD CLIs continue to strengthen from crisis-low in all major economies
Government support measures for households buffer the economic impacts of COVID-19
OECD annual inflation picks up to 1.1% in June 2020
Despite their importance, including for macroeconomic policymaking as the 2008-09 financial crisis well illustrated, little internationally comparable statistics exist showing how house price developments differ across regions and cities within countries. This article describes a new OECD database on national and regional house price indices that aims to fill this gap.
Despite a general easing in lockdown measures across the world, international trade remained close to Covid-19 lows in May 2020.