GLOBAL INVESTMENT RESEARCH - December 2009
Our Global Economics Research team takes a closer look at trends emerging for 2010 and beyond.
The Outlook for 2010/11: Exciting, with risks!
As has become the norm, at this time of the year we announce our updated forecasts for 2010, and unveil our 2011 forecasts for GDP and inflation. Our projections suggest that both 2010 and 2011 will be rather strong years: we now expect 4.4% GDP growth for 2010, and a higher 4.5% for 2011. We are above consensus for next year and, while there is no consensus as such for 2011, we suspect we are significantly higher than consensus for 2011 also. With respect to inflation, we are below consensus, despite our relative optimism on GDP.
>> Global Economics Weekly: The Outlook for 2010/11: Exciting, with risks! December 2, 2009 [PDF, 276 KB]