UK Growth Forecast Lowest
Published / Last Updated on 16/07/2012
UK Growth Forecast Lowest.
The UKs growth forecast has been cut down by more than any other economy in the world according too the International Monetary Fund's (IMF) newest growth report.
The report showed the UKs growth forecast for 2012 has been slashed by 0.6% points meaning a reduced 0.2% points of the last quarter of 2011. The IMF forecasters have also cut the percentage growth for 2013 by 0.6% points, which means it is down to 1.4%.
However the IMF has also been downgraded by global forecasters by 0.1% points to 3.5% points for 2012.
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