Sentences with phrase «same economic forecasts»

There is no reason to have two agencies use the same economic forecasts to produce fiscal forecasts.

Third, the specifications of their econometric models differ, thereby resulting in different results, even if they used the same economic forecasts and distributions.

Not exact matches

But the mixed economic picture was underlined by the same month's inflation report, showing annual price rises below consensus forecasts at the headline level and a slight decline in core inflation.

It also expects the adjustments to trim the forecast for Canada's real gross domestic product — a measure of economic growth — by up to 0.05 per cent over the same period.

Scientific and engineering models may be have more forecasting ability than economic models because economic and financial future events depend on human action, and people do not always react the same way.