The data showed that «the real Gross Domestic Product (GDP) in the OECD area registered an unprecedented fall of 9.8 percent in the second quarter of 2020,» after having recorded a 2.3 percent decline during the first three months of the year.
United Kingdom and France were the two most affected countries, with an economic contraction of 20.4 and 13.8 percent, respectively, and in the case of France must be added the fall of 5.9 percent noted in the previous quarter, the report said.
Other countries similarly affected were Italy (-12.4), Canada (-12), Germany (-9.7), United States (-9.5) and Japan (-7.8), among others.
The OECD attributed this decline to the containment measures introduced since March on the occasion of the global Covid-19 pandemic, and found that all the countries in the group significantly suffered from it, taking into account that neither China, India nor Brazil belong to it.
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