Global economic outlook for 2009 weak: OECD

According to the index there is no sign of a global recovery ahead with leading indicators pointing to a substantial slowdown among most of the 35 countries assessed for the coming six month period.

While it is hard to anticipate what impact the deepening global crisis will have on Australia, our economy looks set to weaken further with the OECD’s index for Australia falling another 0.5 points.

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Written by Staff Reporter

Last Updated: 09 March 2022

Published: 14 January 2009