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Proceeding contribution from Sheila Gilmore (Labour) in the House of Commons on Monday, 29 November 2010. It occurred during Ministerial statement on Autumn Forecast.


Autumn Forecast

Given that the nearest year for prediction in the OBR report suggests that growth will fall in relation to previous predictions—it was 2.6%, then 2.3% and is now 2.1%—what confidence can we have that predictions further out than now will be any more reliable? Is it not likely that growth will not rise as much as predicted?


Secondary information

Type
Proceeding contribution
Reference
519 c542 
Session
2010-12
Chamber / Committee
House of Commons chamber
Subjects
Economic situation Forecasts National income Economic recession Office for Budget Responsibility
Link
View this Proceeding contribution on www.publications.parliament.uk