The EC revises its economic estimates higher for 2011, now predicting GDP growth of 1.6% and...

|By:, SA News Editor

The EC revises its economic estimates higher for 2011, now predicting GDP growth of 1.6% and inflation of 2.2%. In a separate report, inflation in the EU quickens to 2.4% in February, in-line with expectations. The euro is marginally higher at $1.3823.