Consensus Economics 2014 Forecast Accuracy Award
Winner - Deloitte Access Economics
Measured against more than 20 Australian forecasters, Deloitte Access Economics has been recognised as Australia's 'Most Accurate Forecaster' based on the 2014 GDP and Consumer Price forecasts.
On 1 June 2015 global economic survey house, Consensus Economics, announced the recipients of its 2014 Forecaster Accuracy Award (FAA) in London.
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 2014 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.
Deloitte Access Economics has been awarded the the 2014 Forecast Accuracy Award for Australia.