The output of the world’s largest economies stabilised in the 2Q of 2009, although there were significant variations, with the UK proving significantly weaker than all of its peers, according to the latest analysis from the OECD. The OECD’s analysis of GDP of its largest members shows an average 0.1% contraction in the three months to June 30, following an average fall of 2.5% in the 1Q.
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