- 9 -
of increase in the CPI (A) and the GDP
deflator, both to 10%. The pressures
on costs and prices are effectively
restraining demand. The consequent
slow-down in economic activity should
help to ease inflation in due course.
21. Details of the updated forecasts
are shown in the attached table.
22.
The Third Quarter Economic Report
1989 will be on sale on 27 November
1989 at the Government Publications
Centre in Connaught Place, Central, at
$20 a copy.