THE Q4 in 2010 has registered a growth of 0.5% in
the real GDP in OECD area.
Net
exports and private consumption were the main contributors partly offset by
an unwinding of inventories. This reverses the pattern seen in earlier quarters
where inventory-rebuilding had contributed positively to GDP growth and net
exports had contributed negatively.
Over the whole of 2010, private consumption was the main driver of real GDP
annual growth, contributing 1.2 percentage point to the overall 2.9% recorded
growth.
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