XN000022-1988-05-09 — Page 2

MONDAY, MAY 9, 1988

PRICE AND VOLUME MOVEMENTS OF EXTERNAL TRADE IN FEBRUARY

BY 21 PER THE VOLUME OF DOMESTIC EXPORTS AND RE-EXPORTS GREW

FIRST TWO CENT AND 46 PER CENT RESPECTIVELY IN THE

MONTHS OF THIS

COMPARED WITH YEAR AS

THE SAME PERIOD LAST YEAR, ACCORDING TO

CENSUS STATISTICS RELEASED BY THE

STATISTICS DEPARTMENT TODAY

(MONDAY).

AND

TAKING THEM TOGETHER, THERE WAS AN OVERALL INCREASE OF CENT IN THE VOLUME OF TOTAL EXPORTS.

IMPORTS INCREASED BY 23 PER CENT IN VOLUME TERMS.

THE VOLUMB

OF TRADE

IS DERIVED FROM TRADE DISCOUNTING THE EFFECT OF PRICE CHANGES.

33 PER

VALUES

BY

OF COMPARISON, AS REGARDS PRICE CHANGES, OVER THE SAME PERIOD

RE-EXPORTS ROSE BY 4 THE PRICES OF DOMESTIC EXPORTS AND

PER CENT AND 3 PER CENT RESPECTIVELY, SO THAT FOR TOTAL EXPORTS, PRICES ROSE BY 4 PER CENT.

PRICES OF IMPORTS, ON THE OTHER HAND, ROSE BY 5 PER CENT.

OF

AS A RESULT, THE TERMS OF TRADE INDEX (EXPRESSED AS A RATIO

PRICE INDEX) DROPPED BY THE TOTAL EXPORT PRICE INDEX TO THE IMPORT 1 PER CENT,

ACCOUNT TRADED, EXCEPT FOR PRICE INDEXES ARE

PRICES ARE BASED ON UNIT VALUES WHICH DO NOT TAKE INTO CHANGES IN THE COMPOSITION OR QUALITY OF GOODS SOME SELECTED COMMODITIES FOR WHICH SPECIFICATION COMPILED.

FEBRUARY 1987, THE BY 32 PER CENT

COMPARING THE MONTH OF FEBRUARY 1988 WITH VOLUME OF DOMESTIC EXPORTS AND RE-EXPORTS INCREASED AND 45 PER CENT RESPECTIVELY.

39 PER CENT IN VOLUME HENCE, TOTAL EXPORTS GREW BY IMPORT VOLUME INCREASED BY 13 PER CENT.

TERMS.

PRICES OF

DOMESTIC ROSE BY

ON THE SAME BASIS OF COMPARISON, BOTH THE EXPORTS AND RE-EXPORTS ROSE BY 3 PER CENT. PRICES OF IMPORTS 5 PER CENT.

VOLUME GROWTH

CONSIDERABLE

CARE SHOULD BE TAKEN IN INTERPRETING THE CHANGES IN THE THE RESPECTIVE SUBJECT

OF BILATERAL TRADE IN ANY

RATES FOR

INDIVIDUAL

FLUCTUATIONS.

SINGLE

MONTH MAY

AS MONTH,

BE

TO

/IN PARTICULAR,