|
GDP
|
INFLATION |
INTEREST
RATES |
||||
|
2004 |
2005 |
2004 |
2005 |
2004 |
2005 |
|
|
UK |
2.8 |
2,5 |
2.6 |
2.7 |
4.25 |
4.25 |
|
USA |
3.4 |
2.8 |
1.7 |
2.2 |
1.00 |
2.50 |
|
EUROPE |
2.0 |
3.0 |
2.2 |
1.5 |
2.25 |
3.00 |
|
JAPAN |
2.5 |
2.0 |
-0.1 |
0.0 |
0.00 |
0.00 |
Actual & forecast interest rates at the end of each quarter 2003 - 2005 (%)
| Q2
03 |
Q3
03 |
Q4
03 |
Q1
04 |
Q2
04 |
Q304
|
Q4
04 |
Q1
05 |
|
|
UK |
3.50 |
3.50 |
3.75 |
4.00 |
4.25 |
4.25 |
4.25 |
4.25 |
|
USA |
1.00 |
1.00 |
1.00 |
1.00 |
1.00 |
1.00 |
1.00 |
1.00 |
|
EUROPE |
2.00 |
2.00 |
2.00 |
2.00 |
2.00 |
2.00 |
2.25 |
2,25 |
|
JAPAN |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
Source: Friends Provident
International - ISIS