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Nomura Global Economic Outlook 2012-2013


According to Nomura, the world economic growth is about to slow a little bit in the rest of 2012 -This is mainly due to the fact that the European economy enters a recession period. The world’s GDP is expected to grow by 3.4% in 2012 while it grew 3.7% in 2011. The growth in emerging markets (BRIC) is expected still very strong (5.9%) while the growth in developing economies is expected relatively weak, at about 1.3%.

These are the major global economic outlooks for 2012-2013.


United States

Nomura prediction for US GDP

■ GDP in 2012 is expected to grow by 2.2%
■ GDP in 2013 is expected to grow by 2.3%

Nomura prediction for US unemployment

■ Unemployment in 2012 is expected 8,1%

■ Unemployment in 2013 is expected at 7.9%

Risks for US Economy

■ Oil prices may influence the course of inflation

■ Uncertainty concerning US elections and the negative impact on US fiscal policy

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