The output of the world’s largest economies stabilised in the second quarter of 2009, although there were significant variations, with the UK proving significantly weaker than all of its peers, according to the latest analysis from the Organisation for Economic Co-operation and Development.

The OECD’s analysis of gross domestic product of its largest members shows an average 0.1 per cent contraction in the three months to June 30, following an average fall of 2.5 per cent in the first quarter. The countries covered are France, Germany, Italy, Japan, the UK and the US. (Canada, also one of the seven biggest members, has yet to provide GDP data for the quarter.)