| Year | NIESR Forecasts | UK Government Forecasts | IMF Forecasts |
| 2009 | -4.3% | -3.5% | -4.1% |
| 2010 | 0.9% | 1.25% | -0.4% |
| 2011 | 2.3% |
“The pace of decline to date shows a remarkable resemblance to that of the depression of the early 1930s. It added that the similarity should be broken as a feeble recovery gets under way in the final quarter of this year.” – NIESR
Source: RTT News
0 comments:
Post a Comment