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Coreinflation(excludingenergyandfood)willincreasetowards2%aswagegrowthgainsItanalysesthelinkagesbetweenskillsdevelopmentandawiderangeof outcomessuchasemployment,productivity,OECDSkillsOutlook(EPUB)(HTML)(PDF)Author(s):OECDClicktoaccess:ClicktoaccessinHTML;Clickto downloadPDFMBPDF;ClicktodownloadEPUBMBHeadlineinflationintheGeconomiesisexpectedtolineto%infrom%inCoreinflationintheGadvanced economiesisprojectedtoaverage%inand%inTheimprovementintheoutlookisstillfragileintheglobaleconomydescribedinthemainbodyoftheOECD EconomicOutlookHowever,theOECDEconomicOutlookhighlightsthattheupturnisfragileandtherecoveryissettoremainweakClimatechangeandpolicy tocombatit,aswellasdigitaltransformation,arethedefiningchallengesofourtimeRiskshavebecomesomewhatbetterbalanced,butremaintiltedtothe downsideOECDEconomicOutlook,VolumeIssueTheglobaleconomycontinuestoconfrontthechallengesofpersistentinflationandsubduedgrowthprospects Governmentsupporttohelphouseholdscopewiththeenergypriceshockandincreaseddefencespendingwillboostconsumptionandinvestment.GDPgrowth hasbeenstrongerthanexpectedsofarin,butisnowmoderatingastheimpactoftighterfinancialconditions,weaktradegrowthandlowerbusinessandconsumer confidenceisOECDEconomicOutlook,VolumeIssueiLibrarydoi:/ceenDataforareOECDestimatesandprojectionsCloseTheAsof,Vietnam'snominal GDPisestimatedtobebillionUSD,growingat%GlobaleconomicdevelopmentshaveOECDSKILLSOUTLOOK©OECDForewordDatainsomeofthe tableshaveEmploymentintheOECDisprojectedtocontinuetogrowinand,withtheThisresilienceisfurtherevidencedbythesignificantincreaseinforeign directJapanRealGDPisprojectedtogrowby%inand%in,mainlydrivenbydomesticdemandGlobaleconomicdevelopmentshavebeguntoimprove,helped bylowerenergyprices,improvingbusinessandconsumersentiment,andthereopeningofChinaunemploymentratealsoinchingupslightlyFigureInflationis slowlyliningPreliminaryversion.moreinfo:AnerroroccurredwhileloadingthePDF.MoreInformation.