OECB: growth in the real household income in the OECD area slowed to 0.2% in Q3 2017

According to the Organization for Economic Cooperation and Development (OECD), growth in the real household income in the OECD area slowed to 0.2% in Q3 2017 from 0.6% in Q2.

Additional headlines:

   •  In the US Q3 slowed to 0.0% following 0.4% growth in Q2, and was significantly outpaced by growth in real GDP (up 0.6%) in Q3

   •  The slowdown was sharpest in the UK with a drop of 0.3% in Q3 following strong growth of 2.5% in the previous quarter

   •  Euro-zone growth was stable at 0.7%, slightly outpacing growth in real GDP of 0.6%