Annualised growth of 2.4% across major economies


The Organisation for Economic Co-operation and Development (OECD) has predicted strong growth from the world’s major economies this year but Europe’s recovery will be slow.

Stronger growth is predicted in the US, Japan and Germany. But the OECD said concerns remained over the recovery of the wider euro zone.

It said in its latest report that governments would need to keep special measures in place to boost economic growth.

Overall, the OECD forecast an average annualised growth of 2.4% among the seven biggest economies in the first quarter of this year.