Forecast in

Sep 2005

GIC

M CC

Dec 2005

GIC

M CC

Mar 2006

GIC

M CC

Jun 2006

World    

3.4

3.4

3.3

4.1

4.2

4.2

4.4

USA

3.0

3.0

2.9

2.9

3.2

3.2

3.2

Euroland

1.5

1.5

1.7

2.2

2.2

2.2

2.2

Japan

2.0

2.0

2.3

2.8

2.8

2.8

3.0

Asia ex Japan

6.0

6.0

6.0

7.0

7.0

7.0

7.5

Latin America

3.9

3.9

3.9

4.0