But for Britain it is reckoning on just 0.4 per cent growth this year and 0.9 per cent in 1993.
On the eve of polling the government had announced 4.8 per cent economic growth in the six months to June, the best performance in a decade.
I think his forecast of one per cent growth for next year may be optimistic.
The English Tourist Board forecast is for 10 per cent growth in conference spending over the next two years.
A 1 per cent growth in real incomes results in an additional £0.5 billion surplus accruing to the Exchequer.
As recently as September 1990 it had been expecting a 2.4 per cent growth for 1991.
Japan and Germany, it predicted, would also achieve more than 3 per cent growth.
In 2010-11, this increased to 1.523 million TEUs, a 25 per cent growth over the previous year.
South Korea experienced almost 900 per cent growth in the number of coffee shops in the country between 2006 and 2011.
This represents a 22 per cent growth over the previous half-year period.
