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OECD: developed countries growth slowing

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OECD: developed countries growth slowing

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The pace of economic growth in the world’s developed economies slowed for the 10th consecutive month in May

The Organisation for Economic Cooperation and Development’s monthly survey showed economic expansion is peaking in China, India, Italy and France.

There were also signs of peaks emerging in Brazil, Britain and Canada.

Among the 29 countries surveyed, Germany again enjoyed the strongest growth, with Russia second and France suffered the weakest.