06/10/2010 - Real GDP in the OECD area increased by 0.9% in the second quarter of 2010
 from the previous quarter, a stronger pace than previously estimated (0.7%). Gross
 fixed investment was the main contributor to the GDP increase, adding 0.4 percentage 
point to overall growth. The rise in investment was  the first since early 2008, and the pace
was the fastest since the first quarter of 2000.

Private and government consumption contributed 0.3 and 0.1 percentage point to overall
growth respectively. The rebuilding of inventories continued, but at a slower pace than 
in previous quarters. The increase in domestic demand was partially offset by negative
contributions from net exports, which reduced overall GDP growth by 0.2 percentage point.

The next issue of this press release is scheduled for the second week of January 2011.



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