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About Us

FocusEconomics is a leading provider of economic analysis and forecasts for over 75 countries in Asia, Europe and the Americas. The company is supported by an extensive global network of analysts.

Since its launch 15 years ago, FocusEconomics has established a solid reputation as a reliable source for timely and accurate business intelligence among Clients from a variety of industries, including the world's major financial institutions, multinational companies and government agencies.  

For more information, please Contact Us.

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About the Consensus Forecast

Independent research has shown that individual forecasters are unlikely to consistently beat the market. While some forecasters may outperform their peers in one year, none beats the consensus year after year and certainly not across all economic indicators. That means that relying on a single source of economic intelligence is risky.

Find out about the Consensus Forecast in this 60-second Video.

In order to overcome the risks associated with single-source forecasts, FocusEconomics polls the world's leading economists for their macro-economic forecasts for more than 75 countries in Asia, Europe and the Americas.

Each month, we survey several hundred carefully selected economic experts from the leading banks, think tanks and consultancies to obtain their projections for the main economic indicators. The forecasts are corroborated and analyzed by our in-house team of economists and complemented with brief commentaries on the latest economic trends.

The individual forecasts from the expert panel and the Consensus Forecast (average) make up the core of our publications for Major Economies, the Euro Area, the NordicsAsia PacificEastern Europe and Latin America & Central America. In addition, FocusEconomics also highlights the minimum and maximum values for each indicator forecast, thereby providing you with useful landmarks for your analysis.

The table below shows a sample of the growth and inflation forecasts from the FocusEconomics Consensus Forecast for the Eurozone (data taken from the May 2012 survey).

Eurozone: Real GDP growth in %
Individual Forecasts 2013 2014
Allianz -0.3 1.5
Banco BPI -0.4 0.9
Banco Espirito Santo -0.4 1.0
BBVA Research -0.4 1.1
BNP Paribas -0.3 1.1
Citigroup Global Mkts -0.3 0.8
Coe-Rexecode -0.4 0.8
Commerzbank -0.4 0.7
Credit Agricole -0.3 1.0
Credit Suisse -0.4 1.3
DekaBank -0.4 1.0
Deutsche Bank -0.2 1.2
DIW Berlin -0.3 1.0
DNB -0.4 1.5
DZ Bank -0.4 1.2
EIU -0.5 0.8
Erste Bank -0.3 1.0
Eurobank -0.4 1.0
Experian -0.5 1.0
Goldman Sachs -0.4 1.1
Gruppo MPS -0.5 1.0
Ifo Institut -0.4 0.9
ING -0.4 1.1
Instituto Flores de Lemus -0.4 1.1
Intesa Sanpaolo -0.5 1.0
JPMorgan -0.5 1.1
Julius Baer -0.4 1.1
KBC -0.4 1.2
La Caixa -0.4 1.0
Landesbank Berlin -0.5 0.7
Lloyds TSB -0.6 0.9
Morgan Stanley -0.5 0.9
NIBC Bank -0.3 0.7
Nomura -0.4 0.7
Nordea -0.5 1.0
Oxford Economics -0.5 0.9
Piraeus Bank -0.4 1.1
Raiffeisen Research -0.3 1.5
Scotiabank -0.5 0.8
SEB -0.5 0.8
Societe Generale -0.4 0.8
UBS -0.4 1.1
Unicredit Summary -0.3 1.0
Minimum -0.6 0.7
Maximum -0.2 1.5
Median -0.4 1.0
Consensus -0.4 1.0
History
30 days ago -0.4 1.0
60 days ago -0.4 1.0
90 days ago -0.5 0.9
Additional Forecasts
European Commission (Nov. 2013) -0.4 1.1
ECB (Sep. 2013) -0.4 1.0
IMF (Oct. 2013) -0.4 1.0

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