Real gross domestic product of the member countries of the Organization for Economic Cooperation and Development area picked up markedly in the third quarter, data showed Monday.
GDP growth doubled to 0.6 percent from 0.3 percent in the second quarter as growth accelerated in most major seven economies, with the exception of the U.K. and Germany, where growth slowed in the third quarter, the OECD said.
In the United States, growth improved to 0.7 percent from 0.4 percent in the previous quarter.
Growth also picked up in Japan, to 0.5 percent from 0.2 percent, and in Italy and France, GDP growth improved to 0.3 percent and 0.2 percent, respectively. In the euro area, growth was stable at 0.3 percent.
Year-on-year, GDP growth for the OECD area came in at 1.7 percent, marginally up from 1.6 percent in the previous quarter.
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April 24, 2026 15:15 ET Economics news flow was relatively light this week even as the conflict in the Middle East continued, raising concerns for policymakers. In the U.S., spending data, initial jobless claims and pending home sales were the highlights. Business confidence in the biggest euro area economy was in focus in Europe. Inflation data from Japan gained attention in Asia.