Friday, December 10, 2010

The Economist: "Cheerier growth forecast for 2011"

From The Economist:
ANALYSTS are a bit more optimistic about the outlook for growth in 2011, according to our December poll of forecasters. In all of the countries polled growth forecast for 2011 are either flat or slightly higher compared with our poll in November. Notably, Sweden’s GDP is expected to grow by 3.1% and America 2.6%, up from last month’s poll's 2.8% and 2.3% respectively. The average forecast for GDP growth this year in Canada, Australia, Italy, the Netherlands and Switzerland however, are lower than last month’s. Canada and Italy are also now forecast to have slightly deeper current-account deficits. Our forecast poll also includes consumer prices. For more economic indicators see here.