ECB reveals dip in G-20 GDP growth

Euro sign, Frankfurt

The European Central Bank and other international agencies today (March 14) released data on G-20 GDP growth, showing it slowed to 0.7% in the fourth quarter of 2011.

This compared to 0.9% in the third quarter, according to provisional results from the first ever release of the G-20 GDP aggregate.

In 2011 as a whole, G-20 GDP grew by 2.8%, a marked deceleration compared with the 5.0% growth recorded in 2010, the ECB added.

Click here to see more of the statistics.

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