Meanings of shrink this year in English

Its economy is expected to shrink this year due to austerity measures.

The economy is expected to shrink this year and possibly in 2016.

Economists expect Brazil's economy to shrink this year at the steepest pace since 1990.

The central bank has recently said the economy could shrink this year more than forecasts.

Turkey's economy virtually stagnated in the second quarter and is expected to shrink this year.

Thailand's economy suffered a record contraction in the fourth quarter and will probably shrink this year.

The global economy is expected to shrink this year for the first time since World War Two.

Several global investment banks predict Brazil's gross domestic product will shrink this year more than 7%.

The Thai economy as a whole is forecast to shrink this year more than any other in Southeast Asia.

The U.S. government's Energy Information Administration said this week it expected global oil demand to shrink this year and next year.

World oil demand is set to shrink this year for the first time since the early 1980s, a Reuters poll found.

With the economy predicted to shrink this year, more layoffs are expected in the country that has no federal unemployment benefits.

Balkenende said the Dutch economy could shrink this year and said it was too early to predict when a recovery might happen.

The government now expects the economy to shrink this year, two senior officials said, depressing tax revenues and requiring higher state spending.

Their economies are projected to shrink this year by 4.4 per cent and 3.3 per cent respectively.

Obama reminded the audience that the deficit is projected to shrink this year to about half of what it was in 2009.