Organization of Economic Cooperation and Development published a report according to which GDP growth in the country-members of organization slowed in Q1 2014 to 0.4% against 0.5% in the previous period. In comparison with similar period of last year, the index increased by 2.1%.
The organization note strong economic growth in Japan (1.5% versus 0.1% in the previous period). U.S. GDP growth remained almost unchanged (+0.7%). Growth in the euro area remained stable (0.2%), while in the UK, which demonstrate better results in the last year, growth accelerated to 0.8%.
Among the risks for further economic growth should be noted the low level of inflation in the euro area and geopolitical risks associated with sanctions against Russia. We expect further growth of GDP in OECD countries, that in the long term will positively impact on the dynamics of stock markets.