12 May 2011
IMF confirms EMU GDP forecast of +1.6% in 2011, +1.8% in 2012. IMF confirms EMU inflation fcst +2.3% in 2011, +1.7% in 2012
- IMF confirms UK GDP forecast of +1.7% in 2011, +2.3% in 2012. IMF confirms UK inflation fcst +4.2% in 2011, +2.0% in 2012.
- commodity prices to lift inflation further over 2011.