WASHINGTON (Reuters) - U.S. Homeland Security Secretary Janet Napolitano said on Monday she does not expect the H1N1 flu pandemic to have a larger than usual effect on the U.S. economy.
WHO TO BELIEVE ?
Estimates on flu's economic impact are more difficult to compile and can vary greatly.
But the World Bank said in July that a flu pandemic could trigger global GDP losses of 0.7 to 4.8 percentage points, depending on severity.
Regionally, official surveys suggested losses of 1.5 to 5 percentage points in U.S. gross domestic product, 2.6 to 6.8 percentage points in Asia and 1.6 to 3.3 percentage points for the European Union.
(Reuters Reporting by David Morgan; Editing by Anthony Boadle)
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