IKN

Take physic, pomp

Down down down

Toldya (about a thousand times)

LIMA, Sep 18 (Reuters) – Peru’s central bank on Friday cut its view for 2009 economic growth to 1.8 percent from 3.3 percent as the global downturn hurts domestic activity, and said weak demand would keep inflation below 1 percent.

It also trimmed its 2010 GDP forecast to 5 percent from 5.5 percent continues here

And just to toot my horn again, this was my best guess chart for 2009 GDP waaaaaaaaay back on April 16th when the liars were peddling 5+% growth for the year.

As it turns out, it looks like I was being overly generous for the current June to August period. It’s unlikely to break 1% growth for the year now.

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