World
GDP growth in OECD countries in the second quarter
OECD's seasonally adjusted GDP grew by 0.5% in the second quarter, with Chile at the bottom of the list.
In the second quarter of the year, the gross domestic product (GDP) of the average OECD countries increased by 0.5% on a seasonally adjusted basis. Out of the 30 countries in the bloc with available data, 27 reported growth, while only three saw their economies remain unchanged: Austria, Belgium, and Chile.
The Chilean economy ranked last on the list, showing stagnation in its growth. Meanwhile, Ireland topped the ranking with a remarkable increase of 3.9%, standing out as the most dynamic economy in the group during the same period.
In another context, the German economy also reported recent results. Germany's Federal Statistical Office announced that GDP grew by 0.3%, exceeding initial expectations by a tenth. Despite the growth, there are concerns about the impact of the drought on the low water levels of the Rhine, which could hinder a more robust recovery of the economy.
Mexico also experienced lower-than-expected growth in the same period, although no specific figures were provided. This data, along with the growth of other OECD countries, presents a varied picture of the economic situation in the region.