Forecast accuracy award


Deloitte Access Economics wins Consensus Economics  Forecast Accuracy Award for 2017

Australia’s leading economic forecaster – again

Measured against more than 20 Australian forecasters, Deloitte Access Economics has again been recognised as Australia's 'Most Accurate Forecaster' by Consensus Economics.

Consensus Economics, the world's leading economic survey organisation, has announced Deloitte Access Economics as the recipient of its Forecast Accuracy Award (FAA) for Australia in 2017.

Among more than 20 Australian forecasters surveyed by Consensus Economics, including banks and other independent consultancies, Deloitte Access Economics’ GDP and CPI forecasts for calendar year 2017 were closest to the actual figures subsequently released by the Australian Bureau of Statistics.

Consensus Economics’ Forecast Accuracy Awards are assessed on the absolute differences between the forecasts they receive and the eventual actual data outturns. The forecaster with the lowest average error rate receives the award.

This is the second time Deloitte Access Economics has been recognised as Australia's 'Most Accurate Forecaster,' after taking out the same award for calendar year 2014.

Published: May 2018

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