OECD Economic Outlook 69 - Biblioteca Hegoa

284 - OECD Economic Outlook 69
Annex Table 55. Semiannual price, cost and unemployment projections
Percentage changes from previous period, seasonally adjusted at annual rates
2000 2001 2002
2000 2001 2002
I II I II I II
Private consumption deflator
Canada 1.8 2.4 2.0 1.4 2.4 2.4 2.2 2.0 1.9
France 1.2 1.4 1.5 1.4 1.3 1.3 1.5 1.5 1.6
Germany 1.4 1.8 1.5 1.4 1.8 1.8 1.5 1.5 1.6
Italy 2.9 2.7 2.2 3.1 2.9 2.8 2.4 2.2 2.0
Japan -1.2 -0.7 -0.5 -0.3 -2.8 0.2 -0.5 -0.5 -0.5
United Kingdom 0.8 1.9 2.2 -0.1 1.6 2.0 2.1 2.2 2.2
United States 2.4 1.9 1.6 2.8 1.9 2.2 1.3 1.7 1.6
Euro area 2.2 2.2 1.9 2.4 2.3 2.3 2.0 1.9 1.9
European Union 2.0 2.2 2.0 2.0 2.2 2.2 2.0 2.0 1.9
Total OECD 2.8 3.0 2.5 3.1 2.4 3.6 2.7 2.5 2.3
a
Total OECD less high inflation countries
GDP deflator
1.7 1.7 1.5 1.9 1.5 2.0 1.5 1.6 1.5
Canada 3.6 2.1 2.1 4.5 2.3 2.0 2.1 2.0 2.0
France 0.5 1.5 1.9 0.8 0.4 1.9 1.9 1.9 1.9
Germany -0.4 1.1 1.4 -0.7 -0.1 1.6 1.4 1.4 1.4
Italy 2.2 2.8 2.5 2.8 2.5 3.1 2.7 2.5 2.3
Japan -1.7 -1.2 -0.4 -1.1 -2.4 -0.9 -0.6 -0.4 -0.4
United Kingdom 1.8 2.2 2.4 0.9 2.2 2.1 2.4 2.4 2.4
United States 2.0 2.3 1.9 2.6 1.9 2.8 1.8 2.0 1.8
Euro area 1.2 2.2 2.1 1.4 1.4 2.6 2.2 2.1 2.0
European Union 1.4 2.2 2.1 1.4 1.6 2.4 2.2 2.1 2.1
Total OECD
a
Total OECD less high inflation countries
Unit labour cost (total economy)
2.5
1.3
3.0
1.8
2.6
1.7
2.8
1.5
2.2
1.2
3.5
2.1
2.7
1.7
2.6
1.7
2.4
1.6
Canada 2.4 2.6 1.6 3.7 1.5 3.4 2.3 1.5 1.1
France 1.1 1.7 1.9 1.2 2.3 1.3 1.8 2.0 2.0
Germany 0.0 0.5 0.6 0.2 0.1 0.8 0.4 0.7 0.6
Italy 1.5 1.7 2.0 2.0 0.3 2.1 2.1 1.9 1.9
Japan -1.1 -0.7 -0.5 -1.6 -0.5 -1.4 0.5 -0.6 -1.4
United Kingdom 2.7 2.8 2.6 3.1 2.6 2.7 3.1 2.5 2.1
United States 1.3 3.5 2.1 0.8 3.0 4.2 2.6 2.1 1.7
European Union 1.6 1.9 1.9 2.0 1.6 2.0 2.0 1.9 1.8
Total OECD 2.2 3.4 2.4 1.8 3.0 3.7 3.2 2.4 1.9
a
Total OECD less high inflation countries 1.2 2.2 1.7 1.1 1.9 2.4 2.1 1.7 1.3
Per cent of labour force
Unemployment
Canada 6.8 7.2 7.2 6.7 6.9 7.1 7.2 7.2 7.2
France 9.7 8.6 8.1 9.9 9.4 8.7 8.5 8.2 7.9
Germany 7.8 7.3 6.8 7.9 7.7 7.4 7.2 6.9 6.6
Italy 10.7 10.0 9.2 11.0 10.3 10.2 9.8 9.4 9.0
Japan 4.7 4.9 4.8 4.7 4.7 4.9 4.9 4.8 4.8
United Kingdom 5.5 5.4 5.5 5.7 5.4 5.4 5.4 5.5 5.6
United States 4.0 4.6 5.0 4.0 4.0 4.3 4.8 5.0 5.0
Euro area 9.0 8.3 7.8 9.2 8.7 8.5 8.2 8.0 7.7
European Union 8.2 7.7 7.3 8.4 8.0 7.8 7.6 7.4 7.2
Total OECD 6.3 6.3 6.3 6.3 6.2 6.3 6.4 6.3 6.3
Note: The adoption of new national account systems, SNA93 or ESA95, has been proceeding at an uneven pace among OECD member countries, both with respect to
variables and the time period covered. As a consequence, there are breaks in many national series. Moreover, some countries are using chain-weighted price indices
to calculate real GDP and expenditures components. See Table "National Account Reporting Systems and Base-years" at the beginning of the Statistical Annex and
OECD Economic Outlook Sources and Methods (http://www.oecd.org/eco/sources-and-methods/index.htm).
a) High inflation countries are defined as countries which have had, on average, 10 per cent or more inflation in terms of the GDP deflator during the last 10 years, based
on historical data. Consequently, Hungary, Mexico, Poland and Turkey are excluded from the aggregate.
Source :OECD.