OECD: G20 GDP rises 0.7% in Q1 but variations great.

GDP in the G20 edged up 0.7% in Q1 vs +0.6% in Q4 2012, although the actual patterns across the world's 20 largest economies diverged significantly. India, China, South Africa and Mexico slowed, while GDP continued to contract in France and Italy, although at a reduced pace.