OECD annual inflation up to 0.6% in May 2015

Governments should rethink the role of coal in energy supply as the scale of new investments being made in unabated coal-fired electricity generation poses the most urgent threat to our climate, OECD Secretary-General Angel Gurría said today.

Governments should set prudent debt targets to ensure that public finances serve to promote economic growth and stability, according to new OECD research.

Private consumption, main driver of OECD GDP growth in the first quarter of 2015

Countries need to do more to identify and reduce conflicts of interest and other breaches of integrity to help win back trust in national governments, which surveys suggest remains below pre-crisis levels, according to a new OECD report.

The slowdown in productivity over the past decade has added to concerns about the long-term economic outlook. But new OECD research shows that policy reforms can revive the diffusion of innovation and make better use of human talent to clear the path for higher and more inclusive productivity growth.

Many European countries saw further reductions in health spending in 2013, according to OECD Health Statistics 2015. Health spending continued to shrink in Greece, Italy and Portugal in 2013. Most countries in the European Union reported real per capita health spending below the levels of 2009. Outside of Europe, health spending has been growing at around 2.5% per year since 2010.

Canada should improve the support its employment services offer to help laid-off workers find a new job more quickly, according to a new OECD report.

Composite leading indicators continue to point to growth convergence in most major economies

The jobs recovery is slowly gathering pace, but employment will remain well below pre-crisis levels in many countries, especially in Europe, through to the end of 2016, according to a new OECD report.