• UK Osborne: OBR Report reminds us of risks to stability

Noticias del mercado

21 marzo 2012

UK Osborne: OBR Report reminds us of risks to stability

  • despite ECB action, sovereign crisis has been significant
  • OBR to revise down euro area growth by 0.8pp 2012
  • OBR says worlsd growth revised down sharply 2012
  • OBR says UK to avoid technical recessin
  • OBR expects positive UK growth in Q1
  • OBR raises UK 2012 GDP to 0.8% vs 0.7%
  • OBR cuts UK 2013 GDP to 2.0% vs 2.1%
  • OBR leaves UK 2014 GDP forecast unchanged at 2.7%
  • OBR forecasts growth of 3.0% in 2015 and 2016
  • CPI to fall from 2.8% this year to 1.9% next year
  • BOE QE facility will remain in place for 2012
  • Budget measures are fiscally neutral
  • No deficit funded giveaways today
  • OBR forecasts 2014-15 PSNB stg75bln vs stg79bln
  • OBR forecasts 2015-16 PSNB stg52bln vs stg53bln
  • OBR says on track to meet fiscal deficit target
  • OBR forecasts 2012-13 PSNB Stg120bln VS Stg120bln
  • OBR forecasts 2011-12 PSNB Stg126bln VS Stg127bln

Enfoque del mercado
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