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PARIS - The G20 group of wealthy and emerging economies saw a slight pickup in economic growth in the first quarter of 2012 but Chinese growth slowed and the EU was stagnant, the OECD said on Wednesday.
Growth across the G20 was 0.8 percent, compared with 0.7 percent in the last quarter of 2011, the Organisation for Economic Cooperation and Development said in a statement.
"This small pickup in aggregate G20 GDP (gross domestic product) growth still masks diverging patterns among the world's largest economies however," it said.
"Growth accelerated in the first quarter of 2012 in Australia, Germany, Japan, Korea and Mexico, while it slowed or remained stable in all other G20 economies," the OECD said.
It said growth decelerated for the second quarter running in China, to 1.8 percent, and also slowed in India, Indonesia and South Africa.
GDP continued to contract in Italy for the third quarter running, and in Britain.
Real GDP growth was zero in the European Union despite the strong rebound in Germany, which saw 0.5 percent growth after a 0.2-percent contraction in the previous quarter.
G20 leaders will meet in Mexico on June 18-19 for talks on issues including the eurozone economic crisis, which threatens to drag down the global economy.
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