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Economy / Zambia

Macroeconomic Forecast Zambia

July 2012 | Macroeconomic Forecasts

BMI View: Due to a slowdown in China and lacklustre growth in the eurozone, we believe that the price of copper will ease significantly in 2012 from 2011 levels. Partially due to this development, we are forecasting a sharp contraction of Zambia's current account surplus, from an estimated 5.5% of GDP in 2011 to 1.4% in 2012.

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