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Forecast Summary
Publication year - 1983
Publication title -
economic outlook
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.1
H-Index - 8
eISSN - 1468-0319
pISSN - 0140-489X
DOI - 10.1111/j.1468-0319.1983.tb00521.x
Subject(s) - economics , inflation (cosmology) , basis point , point (geometry) , inflation rate , monetary economics , interest rate , mathematics , physics , geometry , theoretical physics
Little has happened in the three months since our post‐election forecast to undermine the view that the economy has entered a period of sustainable recovery. We expect output to grow by 21/4 per cent (at 1975 prices ‐ faster on a 1980 price basis) this year and in the 2–21/2 per cent range in both 1984 and 1985. We expect inflation to rise from its recent low point as special factors unwind, but to settle at around 6 per cent in 1984 and 1985.