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LONDON Chris Jones Jersey , March 14 (Xinhua) -- British economy is predicted to grow by 1.4 percent this year, according to a new forecast released on Tuesday by the British Chambers of Commerce (BCC).
BCC, a major industry representative body, raised its forecast in its latest quarterly review of the UK economy from 1.1 percent, reflecting the unexpected buoyancy in the economy in the immediate wake of the Brexit referendum vote on June 23 and which has continued its momentum into this year.
However, it has downgraded its expectations for 2018 from 1.4 percent to 1.3 percent, and made its first forecast for 2019 of 1.5 percent growth.
Suren Thiru, head of economics at the BCC, said: "We have upgraded our growth forecast for 2017, driven by revisions to official GDP data and a stronger than expected end to 2016 for the UK economy."
Strong consumer spending has surprised, and in addition has also been a slight improvement in the outlook for investment and trade, compared with its previous forecast, the BCC said.
However, economic growth is expected to remain well below its long-term average, about 2-2.5 percent growth in GDP per annum, over the forecast period.
Inflation is forecast to breach the central bank the Bank of England's (BOE) 2 percent target this quarter, with companies facing higher input costs, which will be passed through to consumers. CPI inflation was forecast to be 2.4 percent in 2017, 2.7 percent in 2018 before slowing to 2.5 percent in 2019.
While average earnings are expected to hold steady, the inflationary pressures are likely to erode real wages. As a result, consumer spending, a driving force of growth in the economy in recent years, is expected to slow substantially.
The UK economy is still set to enter a more subdued period, with growth expected to remain materially below trend over the near term. The resilience in consumer spending, a key driver of UK growth, will slowly dissipate over the coming months as higher inflation and muted wage growth combine to erode consumer spending power.
The UK's net trade position is expected to improve over the next few years. Investment is forecast to contract this year, with subdued growth predicted in the following years, as uncertainties relating to the outcomes of the Brexit talks persist, and increasing input costs and taxes hit businesses.
But the BCC said if resilience in consumer spending continued, growth levels could be bolstered.
And Thiru believes that the UK's trade position will improve across the forecast period supported by the depreciation of sterling and an improving outlook for the global economy.
But he cautioned "The imbalances in the economy continue to leave the UK increasingly exposed to economic shocks. While household consumption's contribution to UK GDP growth is likely to decrease over the near term, the slight improvement in investment and trade prospects over the same period is not expected to be enough to prevent a slowdown in overall growth."
Breast Augmentation: Educating Yourself Before Surgery Health Articles | April 19, 2012
Breast augmentation is one of the most popular plastic surgery choices for women. Every woman has a different reason for wanting the procedure and different expectations for the result. No matter what the reasons behind wanting the procedure, it's important that you know as much about it as possible.
Breast augmentation is one of the most popular plastic surgery choices for women. Every woman has a different reason for wanting the procedure and different expectations for the result. You can choose to double your size, getting implants that will draw attention from every head as you walk down a hallway, or you can get a modest profile that no one notices but you. Some people get them to impress others, while some get them solely to feel better about their bodies. Some women get the procedure as a way to recover from debilitating illnesses, others because they need to get ahead in their careers. No matter what the reasons behind wanting the procedure, it's important that you know as much about it as possible.
While most plastic surgeons have their own preferences when it comes to where they place the incision for breast augmentation, the patient usually has some say in the decision. If you are adamant about where you want the incision and your doctor does not comply, you can always go somewhere else. Of course, to know your options, you'll need to do your research. There are three places that surgeons generally use as an entry point. It's important that you talk to your surgeon about each possibility, which he prefers, and the advantages and disadvantages of each.
Women unfamiliar with breast augmentation often have predetermined thoughts about the procedure. Many predisposed to dislike the surgery bring up thoughts of buxom blondes on a stripper stage somewhere, unaware that many of the women they interact with in their daily lives have probably had the surgery. Getting implants doesn't mean you need to go so large that everyone knows what you have done. Often, women just want to fill out their proportions. Of course, if you want something that will make people stare, you have that option as well. Size is up to you and you alone. A doctor can make recommendations (and there may be some restriction based on your own size), but generally speaking, you can get exactly what you want.
Finding a Surgeon
Finding a good breast augmentation surgeon is not something you can do in an afternoon. Make no mistake about it, there are differences when it comes to skill in this arena. Take your time when looking for the right doctor for you. Peruse before and after pictures whenever possible. Many surgeons these days put these pictures directly. Cheap Jerseys Wholesale Cheap NHL Jerseys Wholesale Cheap NFL Jerseys Wholesale Cheap Basketball Jerseys Cheap Baseball Jerseys China Cheap Authentic NCAA Jerseys Cheap Baseball Jerseys Wholesale Jerseys Cheap NFL Football Jerseys Cheap Soccer Jerseys Online