Tuesday, November 8, 2011

Economist prediction chart



http://www.economist.com/blogs/dailychart/2011/11/poll-forecasters

What our polls forecast for 2011 GDP growth and inflation
EVERY month The Economist surveys a group of economists and records the average and range of their predictions for GDP growth, consumer prices and the current-account balances for 14 economies (see this month's poll). The charts below show our pollsters' monthly 2011 economic growth and inflation predictions for America, Japan and the euro area since March 2010. The evolution of the forecasts shows that as 2011 has progressed economists have been gradually becoming increasingly pessimistic about the fortunes of the American economy and its ability to fight inflation. A marked divergence is also noticeable in Japan after the Fukushima earthquake in April, while the outlook for GDP growth in the euro area had been slowly improving but has deteriorated over recent months. "

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