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The latest forecasts show growth in demand for container shipments from Asia to Europe falling from 15% a year to barely 5%.
The latest forecasts show a £73.5bn deficit in the current financial year, dipping to a shortfall of just £4.6bn in 2018-19, and turning into a surplus of £10.1bn by 2019-20.
Indicating rate rises in the spring, he added: "Our latest forecasts show that, if interest rates were to follow the path expected by markets – that is, beginning to increase by the spring and thereafter rising very gradually – inflation would settle at around 2% by the end of the forecast and a further 1.2m jobs would have been created".
Latest forecasts show big winds in the Celtic Sea 48 hours into the Rolex Fastnet Race, but well below the storms which led to 15 deaths in 1979.
"Latest forecasts show persistent and intense rainfall is expected, continuing through to Tuesday, Christmas Eve," warned a spokesperson.
"Latest forecasts show that the amount of income available to the HE sector in Wales from tuition fees and HEFCW will increase significantly during the lifetime of this government.
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The move comes as traditional PC companies struggle to make money in a market that is rapidly shrinking, with the latest forecasts showing that PC sales will be overtaken by tablets for the first time in the final quarter of this year.
Dugdale said a new Scottish Labour analysis, based on research by Scottish parliament statisticians produced before the OBR's latest forecasts, showed the global oil price would need to hit $200 a barrel for fiscal autonomy to be affordable because of the projected gap between tax revenues, public spending and debt levels.
If the latest forecast shows a considerable drop in the estimate to between0.55% and 1% of GDP, economists are more likely to bet on a 2014 hike.
The latest forecast shows a tsunami of up to 21 metres (69 feet) could strike near the Hamaoka nuclear plant on the south-eastern coast.
In fact, the latest forecast shows mostly dry, hot conditions for much of the state for the next week or more -- with little rain in store.
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Justyna Jupowicz-Kozak
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