NatWest Markets has win the Consensus Economics UK Forecast Accuracy Award for 2019. The award is given to the forecaster with the lowest average error rate over a defined testing period. It’s determined by using ‘Mean Absolute Error analysis’ to ascertain the difference between the forecast prediction and the actual data outturn.
Congratulations to Ross Walker, Chief UK Economist at NatWest Markets and the UK Desk Strategy team for this fantastic achievement. The accolade underscores the strength of our UK franchise, and accurate forecasting to support customers to make well-considered investment decisions.
Ian Donaldson, Head of Flow Sales for EMEA and APAC at NatWest Markets, says “we’re truly proud to have won this award again. This is great recognition for Ross Walker and our UK Desk Strategy team, who work tirelessly to ensure our forecasts are well guided and offer the best possible service for our clients.”
About Consensus Economics
Established in London in 1989, Consensus Economics™ prepares monthly compilations of country economic forecasts and topical analyses covering the G-7 industrialised nations, Asia Pacific, Eastern Europe and Latin America. These are published in its Consensus Forecasts™ publications and data files, as well as specialised publications on Foreign Exchange forecasts and Energy and Metal price forecasts. Over the past three decades Consensus Economics has cultivated a growing network of economists, drawing upon the expertise of well-established local consultancies and large teams of professionals in the banks who are dedicated to particular countries and regions.