Statement by G7 fin mins & central bank governors

Overall global growth remains and should continue to be solid although slowed by high and volatile oil prices, according to the statement released on Saturday 3 December following the G7 meeting in London.

Risks include rising protectionist sentiment, the possibility of increasing inflationary pressures and growing global imbalances, which have been exacerbated by high oil prices. We are each taking steps to address these imbalances as we set out at our last meeting. But more vigorous, mutually

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