Last May, when we had only two of the four quarters of 2000/01 available to us, I said we expected year-on-year GDP growth in that year to be about 2 per cent; in the event, it came in at 1.9 per cent.
My forecast for year-on-year GDP growth in 2001/02 was 3 to 3½ per cent, and our current forecast (still with two quarters yet to come) is 3.6 per cent.