OECD Provisional Data Shows G20 Growth Slowdown Amid US Rate Hike Concerns
1 report, 1 independent
Updated Sep 22
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What happened
The Organisation for Economic Co-operation and Development (OECD) published provisional figures on September 14, 2026, regarding G20 economic growth. G20 growth slowed slightly, moving from 0.8% in the first quarter to 0.7% in the second quarter. India led the group with 1.8% growth, followed by Mexico at 1.4%, ahead of Indonesia at 1.3% and Turkey at 1.1%.
From riotimesonline.com
Why it matters
Mexico's output growth of 1.4% was double the G20 average of 0.7%. This performance is occurring while the group contends with higher U.S. interest rates and an expensive fuel price cap.
From riotimesonline.com
Who's involved
- G20Group of major economies whose performance is ranked by the OECD
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The entities involved
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G20
group of finance ministers and central bank governors
Related events
- India achieved the highest economic growth rate among all G20 nations on September 2, 2026.
- US drives G20 agenda on economic growth and regulation, directing the IMF to strengthen global analysis.
- Leader's policies are being blamed for the current economic decline.
- Scott Bessent urged G20 leaders to push for economic growth during recent meetings.
- Burnham's government is being urged to leverage the G20 platform for global reform efforts.