Forecast summary | ||||
(% unless otherwise indicated) | ||||
2009a | 2010b | 2011c | 2012c | |
Real GDP growth | 8.5 | 7.5 | 5.9 | 6.2 |
Consumer price inflation (av) | 1.2 | 3.9 | 4.4 | 2.8 |
Consumer price inflation (end-period) | 3.4 | 4.0 | 2.8 | 3.0 |
2-year Treasury bill rate | 6.4 | 6.2 | 6.5 | 6.8 |
Government balance (% of GDP) | -8.6 | -5.4 | -7.6 | -7.7 |
Exports of goods fob (US$ bn) | 4.7 | 5.1 | 5.6 | 6.1 |
Imports of goods fob (US$ bn) | 15.9 | 18.1 | 19.1 | 19.7 |
Current-account balance (US$ bn) | -7.6 | -7.3 | -6.2 | -4.0 |
Current-account balance (% of GDP) | -21.9 | -19.3 | -14.5 | -8.3 |
External debt (year-end; US$ bn) | 31.9b | 34.2 | 35.3 | 35.9 |
Exchange rate L£:US$ (av) | 1,507.5 | 1,507.5 | 1,507.5 | 1,507.5 |
Exchange rate L£:€ (av) | 2,099.9 | 1,999.3 | 1,884.4 | 1,809.0 |
Exchange rate L£:€ (end-period) | 2,160.5 | 2,020.1 | 1,809.0 | 1,793.9 |
Exchange rate L£:¥100 (av) | 1,608.8 | 1,723.1 | 1,829.3 | 1,829.8 |
a Actual. b Economist Intelligence Unit estimates. c Economist Intelligence Unit forecasts. |
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