Affinity Consulting Group
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Affinity Consulting Group

 

Forecast GDP, Inflation & Interest rates at the end of 2004 & 2005 (%)

 

GDP

INFLATION

INTEREST RATES

 

2004

2005

2004

2005

2004

2005

UK

3.0

2.5

2.3

2.4

4.75

4.25

USA

4.1

3.25

2.6

2.1

2.25

3.25

EUROPE

1.9

2.0

2.1

1.8

2.00

2.50

JAPAN

3.0

1.8

-0.2

0.0

0.00

0.10

Actual & forecast interest rates at the end of each quarter 2003 - 2005 (%)

 

Q1 04

Q2 04

Q3 04

Q4 04

Q1 05

Q2 05

Q3 05

Q4 05

UK

4.00

4.50

4.75

4.75

4.75

4.75

4.50

4.50

USA

1.00

1.25

1.75

2.25

2.75

3.00

3.25

3.25

EUROPE

2.00

2.00

2.00

2.00

2.00

2.50

2.50

2.50

JAPAN

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.10

Source: Friends Provident International Ltd - ISIS

March 2005