The underlying economic assumptions for this first edition of the Advito 2012 Industry Forecast are based on the June 2011 World Economic Outlook Update published by the International Monetary Fund. It projected that growth for the world’s advanced economies (principally North America, Western Europe and Japan) would be 2.2 percent in 2011 and 2.6 percent in 2012. For the rest of the world, growth was forecast to be 6.6 percent in 2011 and 6.4 percent in 2012. Read more…
2012 Industry Forecast
