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Slight easing of G20 GDP growth in first quarter of 2018
Growth of real gross domestic product (GDP) in the G20 area eased slightly to 0.9% in the first quarter of 2018, from 1.0% in the previous quarter, according to provisional estimates. GDP contracted by 0.5% in South Africa (following growth of 0.8% in the previous quarter) and by 0.2% in Japan (compared with 0.3% in the previous quarter). Growth slowed significantly in France (to 0.2%, from 0.7%) and, to a lesser extent, in the United Kingdom (to 0.1%, from 0.4%) and Germany (to 0.3%, from 0.6%). Growth also slowed in the United States (to 0.5%, from 0.7%), China (to 1.4%, from 1.6%) and in Canada and Italy (to 0.3%, ... (full story)