"AGAINST

THE

5

MODERATE

THIS,

INFLATION RELATIVELY

WORLD COMMODITY PRICES FOR STABLE PROVIDING SOME RELIEF.

"WITH

AND THE IN CHINA NON-OIL PRODUCTS

ARK

TO

CONTINUING

RENTALS, THE

THE IMPACT OF HIGHER OIL PRODUCT PRICES FILTER THROUGH, AND WITH A REVISION IN PUBLIC HOUSING CONSUMER PRICE INDEX (A) ROSE BY 10.4 PER CENT IN OCTOBER OVER A YEAR EARLIER, HE POINTED OUT.

FORECAST

A

"HAVING REGARD TO THE LATEST PRICE TRENDS, IT IS NOW THAT THE CPI(A) WILL RISE BY AN AVERAGE OF 9.7 PER CENT FOR 1990 AS WHOLE, HE ADDED.

T

THE

REPORT

ON

SALE GROUND

ECONOMIC

1990 WILL

BR THIRD QUARTER TOMORROW (SATURDAY)

PUBLICATIONS CENTRE, AT THE GOVERNMENT FLOOR, GPO BUILDING, CONNAUGHT PLACE, CENTRAL AT $23 A COPY.

THE UPDATED FORECASTS ARE AS FOLLOWS :

GROWTH RATE IN REAL TERMS OF :

FORECAST FOR 1990 CURRENT UPDATE AS UPDATED ON

RELEASED ON 24.8.90

(ช)

23.11.90

(%)

PRIVATE CONSUMPTION EXPENDITURE GOVERNMENT CONSUMPTION EXPENDITURE

GROSS DOMESTIC FIXED CAPITAL FORMATION

TRANSFER COSTS OF LAND AND BUILDINGS BUILDING AND CONSTRUCTION

PRIVATE PUBLIC

3.5

4.5

10

7

1.5

2.8

-5

-3

5

4.8

1

3

12

8

REAL ESTATE DEVELOPERS' MARGIN

-2

3

PLANT, MACHINERY AND EQUIPMENT

1.5

1.8

PRIVATE

1.5

INT

2

PUBLIC

TOTAL EXPORTS OF GOODS

DOMESTIC EXPORTS

RE-EXPORTS

IMPORTS OF GOODS

1

-3

6.7

7.1

0.5

-0.5

11

12.5

7.2

8.7

EXPORTS OF SERVICES

6

7.5

IMPORTS OF SERVICES

7.5

11.5

GROSS DOMESTIC PRODUCT (GDP) PER CAPITA GDP

2.5

2.3

1.4

1.7

GROWTH RATE IN MONEY TERMS OF :

GDP

11.8

11.5

PER CAPITA GDP

10.6

10.8

RATE OF INCREASE IN :

GDP DEFLATOR

DOMESTIC DEMAND DEFLATOR CONSUMER PRICE INDEX (A)

0

9

9

8.7

7.9

9.5

9.7

16

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