3 May 2001, 13:11  OECD Economic Outlook forecast tables

PARIS (AFX) - Following are the economic forecasts from the OECD's semiannual Economic Outlook.
The forecasts are compared with forecasts in the December 2000 outlook.
The OECD had already revised its euro zone 2001 growth forecast down to 2.7 pct in a special report on the euro zone economy released on April 10.

GDP growth (pct)
2001 previous 2002 previous
U.S. 1.7 3.5 3.1 3.3
Japan 1.0 2.3 1.1 2.0
Euro zone 2.6 3.1 2.7 2.8
EU 2.6 3.0 2.7 2.7
Total OECD 2.0 3.3 2.8 3.1

Inflation (pct)
U.S. 2.3 2.2 1.9 2.3
Japan -1.2 -0.4 -0.4 -0.2
Euro zone 2.2 1.9 2.1 2.0
EU 2.2 2.0 2.1 2.2
Total OECD 3.0 2.4 2.6 2.3

Unemployment (pct)
U.S. 4.6 4.2 5.0 4.5
Japan 4.9 4.6 4.8 4.6
Euro zone 8.3 8.3 7.8 7.7
EU 7.7 7.6 7.3 7.2
Total OECD 6.3 6.0 6.3 5.9

Current account balances (pct of GDP)
U.S. -4.2 -4.5 -4.0 -4.3
Japan 2.2 2.7 2.7 3.0
Euro zone -0.2 0.1 -0.1 0.4
EU -0.4 -0.2 -0.4 0.0
v Total OECD -1.3 -1.3 -1.2 -1.2

Short-term interest rates (pct)
U.S. 4.6 7.0 4.4 7.0
Japan 0.3 0.6 0.2 0.9
Euro zone 4.4 5.4 4.3 5.5

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