Sentences with phrase «gdp forecast»

Britain's economy could endure a double - dip recession before returning to robust growth in 2013, according to a GDP forecast out today.
Despite these challenges, the outlook for the snack food industry is strong, with its economic contribution forecast to grow at 4.7 % (annualised) over the 10 years to 2020, compared with Australia's GDP forecast to grow at 2.7 %.
The International Monetary Fund (IMF) has recently cut its 2017 and 2018 US GDP forecast to 2.1 % from its earlier prediction of 2.3 % and 2.5 % respectively.
The ECB cut its 2013 GDP forecast for the eurozone from 0.5 percent growth to a 0.3 percent decline.
Yet, at a macro level, our economists view this as a medium - term positive, with 0.2 - 0.3 percentage point of upside risk to their 2018 GDP forecast of 1.1 % growth.
Indian GDP growth is highest in the world till date in 2017 inspite of some initial hiccups due to slow implementation of GST and slightly lower GDP forecast for 2018.
We expect calendar year»12 world GDP forecast to be 2.4 %.
This past week it chopped its Q1 GDP forecast down to 1.9 %.
Most forecasters are lowering their nominal GDP forecast for both 2012 and 2013, so this is a possibility.
Morgan Stanley revised its 2Q17 GDP forecast to 2.5 % while the Atlanta Fed has dropped its second - quarter number from 3.4 % to 3 %.
Despite a weak first quarter, respondents raised their 2018 economic GDP forecast at 2.8 percent.
It will be interesting to see by how much a «risk adjustment factor» the Minister of Finance builds into his fall update nominal GDP forecast.
The OECD has recently lowered its nominal GDP forecast for Canada, which is now below the risk adjusted level used in the November 2012 Update.
He said the new numbers, combined with the expected economic impact of the Alberta wild fires, led BMO to chop its second - quarter GDP forecast Friday to just 0.5 per cent — down from two per cent.
A Chinese currency devaluation is less of a concern than a Chinese slowdown, with real GDP forecast to be down 0.2 percentage points.
«The resilience of the UK consumer has led the BoE to further increase its GDP forecast 2016 to 2 percent from 1.4 percent.
On the back of this, it has dropped its 2018 GDP forecast to 1.4 percent from 1.8 percent.
As expected, the bank held its overnight rate at 0.5 percent, where it has been since July 2015, even as it trimmed GDP forecasts, saying downward pressure on inflation will continue while economic slack persists.
Instead, they got worse, and our GDP forecasts fell off a cliff.
The softer - than - expected retail sales numbers last month suggest a slowdown in consumer spending in the fourth quarter, which could see economists trim their GDP forecasts for the period.
The Reserve Bank is clinging to sunny GDP forecasts, but stubbornly low inflation and low wage growth mean even these look weak.
Come the Budget, the GDP forecasts, along with the horrendous public borrowing figures, will look incomparably worse.
Their GDP forecasts are usually high, and they suspect their policy tools will move the economy the way they want and quickly, and it's just not true.
It's got nothing to do with GDP forecasts and economic projections.

Not exact matches

The IMF forecast issued this week for the Middle East projects that energy - importing nations including Egypt will grow more strongly in the years ahead than energy exporters including Saudi Arabia, though both will experience GDP growth.
Personal income tax will hit a 20 - year high of 12.5 per cent of GDP by 2020 - 21 under the budget forecasts as the government relies on bracket creep and an increase in the Medicare levy to return the budget to surplus.
The British Chamber of Commerce (BCC) cited higher than anticipated third quarter gross domestic product (GDP) numbers in the revision of its full - year forecast to 2.1 percent from 1.8 percent.
Meanwhile, the central bank's own forecast pegs GDP growth at 2.6 per cent this year, which makes Canada one of the fastest growing economies in the developed world.
In a decade, federal debt will reach an overwhelming $ 33 trillion, the equivalent of 113 % of GDP — and $ 6 trillion higher than the CBO had forecast before the Trump agenda passed.
The bank has risen, slightly, its forecasts for real GDP (gross domestic product) since its last forecasts in December.
S&P forecast last December an increase in U.S. gross domestic product (GDP) of 2.4 percent for 2017, up from a projection of 1.6 percent for last year.
Thanks to the government's fiscal stimulus and an improved global outlook, the BoE lifted its gross domestic product (GDP) forecasts for the current calendar year and next.
Page 60 of the budget gives forecasts of 2.0 % GDP growth, -0.4 % for GDP inflation, and 0.60 % for the 3 - month T - Bill rate for 2015.
The U.S. is the only country among advanced economies where the public debt - to - GDP ratio is forecasted to go up, says Vitor Gaspar of the IMF.
GDP inched upwards only 0.7 % in the third quarter from a year earlier, and the International Monetary Fund is forecasting mere 0.2 % growth for all of 2014.
The Treasury's forecasts predict lost GDP growth of between 2 % and 8 % depending on which form of Brexit the UK secures.
«We have revised up our 2018 growth forecasts for both the US and the eurozone on the back of recent Q4 GDP prints and the momentum going into Q1 2018,» Mortimer - Lee wrote in his monthly outlook.
Canada's GDP, we're forecasting this year just 1.2 %.
«Globally,» says the IMF in its Global Financial Stability Report, «an increase in the forecast GDP growth rate leads to an increase in equity investments.
Patrik Schöwitz, a global strategist of multi-asset solutions for J.P. Morgan Asset Management, forecasts that technology will boost productivity so significantly, U.S. GDP could nearly double on those gains alone.
Should world GDP grow anywhere close to the IMF's medium term forecast in the high 3 percent range, oil demand growth will rise by closer to 2 million b / d than 1 million b / d by our reckoning.
Economists have sharply downgraded their forecasts for 2016 GDP (the black line) in particular.
Taken together, the stronger credit and trade data would appear to still support the consensus view that China will see only a modest pullback in GDP growth to around 6.5 percent this year, after a forecast - beating 6.9 percent in 2017.
At this week's FOMC meeting, members marked up their expectations for GDP growth, moving 2018 up to a 2.7 percent forecast from a 2.5 percent outlook in December, with 2019 rising from 2.1 percent to 2.4 percent.
The soft reading could see economists trim their forecasts for first - quarter GDP growth.
In its latest forecasts, the ECB estimated a GDP (gross domestic product) rate of 2.2 percent for this year and 1.8 percent for next year and core inflation to reach 1.2 percent in 2017 and 1.3 percent in 2018.
Newly published GDP figures and forecasts enjoy a wide audience, even though they're updated more often than antivirus software.
But non-OECD countries, including China, are forecasted to grow by 4.9 % in aggregate, while the OECD estimates that U.S. GDP will grow just 2.5 % next year.
On Monday, the British Chamber of Commerce (BCC), a lobby group for U.K. firms, revised its forecasts to predict gross domestic product (GDP) growth will pull back to 1.1 percent in 2017 from 2.1 percent this year.
Hotel demand can be forecast using several leading and coincident economic indicators, including GDP growth, corporate profits, wage growth, employment growth in the leisure and hospitality sectors, and airline / vehicle miles.
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