Advertisement
Uncategorized

No strong recovery for some time yet, warns CBI

Advertisement

Despite a squeeze on household income, and public spending cuts, the CBI expects this year’s GDP growth rate to be 1.7 per cent – marginally lower than the previous forecast of 1.8 per cent. Growth of 2.2 per cent is expected in 2012; down slightly from February’s forecast of 2.3 per cent.

Advertisement
Back to top button