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
|
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