Global Biz

OECD forecasts output growth at 4.2 pct

(Xinhua)
Updated: 2011-05-25 17:01

PARIS -- The Organization for Economic Cooperation and Development kept its forecast for the growth in global output in 2011 unchanged at 4.2 percent.

In the year 2012, the world's gross domestic product will see a 4.6 percent increase, the Paris-based organization predicts in its 2011 Economic Outlook issued Wednesday.