-
10 -
In general, reduced stringency on the domestic front can be expected to produce a partial offset to the impact of greater imported inflation, and it is reckoned that the inflation rate could edge lower in the latter part of the year.
Forecast
for 1995
Current update
as released
as released
Growth rate in real terms:
on 1.3.95
(%)
on 26.5.95
(%)
Private Consumption Expenditure Government Consumption Expenditure Gross Domestic Fixed Capital Formation
Transfer costs of land and buildings
6
5
4
4.5
10.2
10.1
0
-5
Building and construction
14.9
9.9
Private sector
5
3
Public sector
30
20
Real estate developers' margin
3
2
Machinery and equipment
10.0
14.1
Private sector
9
12
Public sector
40
80
Total Exports of Goods
13.4
13.9
Domestic exports
Re-exports
Imports of Goods
2
5
16
16
13.4
13.3
Exports of Services
9
9
Imports of Services
7.5
7.5
Gross Domestic Product (GDP)
5.5
5.5
Per Capita GDP
3.6
3.6
Growth rate in money terms:
GDP
14
Per Capita GDP
12
42
14
12
Rate of increase in:
GDP Deflator
Domestic Demand Deflator
Consumer Price Index (A)
End/Friday, May 26, 1995
8
7.3
8.5
Do od ov
8
8.6
9