From the TUC

IMF Forecasts in Context

10 Jul 2013, by Guest in Economics

Yesterday the IMF had some ‘good news’ for the UK has it upgraded it’s forecast for 2013 growth.

The chart below puts the good news into context by showing the IMF’s forecast fro 2013 growth in the UK since early 2012.

IMF Forecasts

The current forecast is still belwo that made in january and less than half as much as those made in April 2012. Forgive me for not getting too excited.  As they say on Twitter, “#lowexpectations”.

One Response to IMF Forecasts in Context

  1. Owen Tudor

    Owen Tudor
    Jul 10th 2013, 9:07 pm

    And note that the IMF haven’t upgraded their forecast for UK’s GDP growth *next* year.