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At a Glance…: The world economy

Published online by Cambridge University Press:  26 March 2020

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Abstract

• Global GDP will grow by 4.4 per cent a year in 2005 and 2006.

• Inflation in the OECD will rise from 1.7 per cent last year to 2.1 per cent in 2005, the highest since 2001.

• The United States will grow by 31/2 per cent a year in 2005 and 2006; inflation will rise to 3.2 per cent next year.

• Inflationary pressures will persist in the Euro Area despite weak growth of 1.3 per cent in 2005 and 1.9 per cent in 2006.

• Japan will grow by 21/2 per cent a year in 2005 and 2006, but prices will continue to fall.

Type
Articles
Information
National Institute Economic Review , Volume 194 , October 2005 , pp. 2 - 3
Copyright
Copyright © 2005 National Institute of Economic and Social Research

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