FRIDAY, MAY 29, 1992

WORLD

SO ARE THE PRICES REMAIN GENERALLY STABLE, COMMODITY

INVESTMENT IN PRICES OF IMPORTED GOODS. IN ADDITION, THE SUSTAINED

SHOULD MACHINERY AND EQUIPMENT AS WELL AS A GREATER SUPPLY OF LABOUR

CONSTRAINTS IN THE LOCAL SOME OF THE CAPACITY HELP TO ALLEVIATE ECONOMY.

HOWEVER, AS ECONOMIC ACTIVITY PICKS UP FURTHER OVER THE COURSE

YEAR

PROJECTS AND AIRPORT

RELATED AND AS WORK ON THE NEW MOMENTUM,

BE SOME RENEWED PRESSURES ON LOCAL

OF THE GATHERS RESOURCES.

THERE

MAY

PRICE INFLATION INCREASE

IN

THE

GDP

ON BALANCE, THE EARLIER FORECAST OF CONSUMER FOR 1992 AS A WHOLE SHOULD REMAIN APPLICABLE : THE CPI(A) TO BY AN

THE FORECAST RATE OF INCREASE AVERAGE OF 9.5%. DEFLATOR IS ALSO KEPT UNCHANGED AT 9.5%.

30

THE

ECONOMIC REPORT 1992 WILL BE FIRST QUARTER

CENTRE, MAY

AT THE GOVERNMENT PUBLICATIONS SALES GENERAL POST OFFICE BUILDING, CONNAUGHT PLACE, CENTRAL, AT $34 A COPY.

ON GROUND

SALE ON

FLOOR,

FORECAST FOR 1992

AS RELEASED ON 4.3.1992

(%)

CURRENT UPDATE

RELEASED ON 29.5.1992 (%)

GROWTH RATE IN REAL TERMS:

PRIVATE CONSUMPTION EXPENDITURE

6

7

GOVERNMENT CONSUMPTION EXPENDITURE

4

6*

GROSS DOMESTIC FIXED CAPITAL FORMATION TRANSFER COSTS OF LAND AND BUILDINGS BUILDING AND CONSTRUCTION

8.2

7.1

8

8

7.6

6.1

PRIVATE SECTOR

4

2

PUBLIC SECTOR

REAL ESTATE DEVELOPERS' MARGIN

MACHINERY AND EQUIPMENT

PRIVATE SECTOR

PUBLIC SECTOR

TOTAL EXPORTS OF GOODS

DOMESTIC EXPORTS

RE-EXPORTS

IMPORTS OF GOODS

15

15

5

2

10.3

10.3

10

10

20

20

14.2

16.6

2

1

20

24

14.9

17.6

EXPORTS OF SERVICES

8

10

IMPORTS OF SERVICES

9 .5

GROSS DOMESTIC PRODUCT (GDP)

5

5

PER CAPITA GDP

4.2

4.2

GROWTH RATE IN MONEY TERMS OF:

GDP

14.9

14.9

PER CAPITA GDP

14.1

14.1

/RATE OF

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