Abstract
The economy will contract by 0.5 per cent this year, but grow by 1.3 per cent in 2013. Consumer price inflation will fall below the 2 per cent target by the end of 2012. Unemployment will peak at 8.6 per cent in 2013. We expect the cyclically adjusted current budget to be in surplus in 2016–17.
Get full access to this article
View all access options for this article.