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OECD GDP Outlook

The latest report from the OECD reveals that in the second quarter of 2023, the Gross Domestic Product (GDP) of its member countries experienced a moderate growth of 0.4% on a quarter-on-quarter basis. This increase, while positive, represents a slight deceleration compared to previous quarters. Despite this, some individual member states demonstrated notable growth in this period. For instance, Japan’s GDP surged by 1.5%, a significant improvement from the