Difference over global outlook more apparent than real – January 2012

New World Bank projections show 2012 global growth slowing to only 2½%, well below NAB’s 3¼% forecast. The difference is […]

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  • New World Bank projections show 2012 global growth slowing to only 2½%, well below NAB’s 3¼% forecast.
  • The difference is largely illusory and reflects how forecasts are compiled.  On a comparable basis NAB forecasts are slightly lower than the World Bank’s.

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