XN000022-1990-08-24 — Page 7

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FRIDAY, AUGUST 24, 1990

"BUT IT WILL TAKE SOME TIME FOR THE FULL IMPACT TO FILTER THROUGH, HE SAID.

II

CONSIDERED

'HAVING REGARD TO THE LATEST INFLATION TREND, IT IS APPROPRIATE то ADJUST THE AVERAGE RATE OF INCREASE IN THE CPI(A) FORECAST FOR 1990 AS A WHOLE FROM 8.5 PER CENT TO 9.5 PER CENT, HE ADDED.

THE HALF-YEARLY ECONOMIC REPORT TUESDAY {AUGUST 28) ᎪᎢ THE GOVERNMENT CONNAUGHT PLACE, CENTRAL AT $22 A COPY.

11

1990 WILL BE ON SALE ON

PUBLICATIONS CENTRE

THE UPDATED FORECASTS ARE AS FOLLOWS:

IN

GROWTH RATE IN REAL TERMS OF :

FORECAST FOR 1990 AS UPDATED ON 25.5.90

(%)

PRIVATE CONSUMPTION EXPENDITURE GOVERNMENT CONSUMPTION EXPENDITURE

GROSS DOMESTIC FIXED CAPITAL FORMATION

TRANSFER COSTS OF LAND AND BUILDINGS BUILDING AND CONSTRUCTION

PRIVATE PUBLIC

REAL ESTATE DEVELOPERS' MARGIN

PLANT, MACHINERY AND EQUIPMENT

PRIVATE

PUBLIC

TOTAL EXPORTS OF GOODS

DOMESTIC EXPORTS

RE-EXPORTS

IMPORTS OF GOODS

EXPORTS OF SERVICES

IMPORTS OF SERVICES

GROSS DOMESTIC PRODUCT (GDP)

PER CAPITA GDP

CURRENT UPDATE RELEASED ON 24.8.90

(*);

3.5

3.5

10

10

2.1

1.5

-5

-5

5

5

1

1

12

12

-2

-2

2.9

1.5

3

1.5

- 1

1

6.1

6.7

2

0.5

9

11

6.9

7.2

5.8

6

5.4

7.5

3

2.5

1.9

1.4

GROWTH RATE IN MONEY TERMS OF :

GDP

12.3

PER CAPITA GDP

11

11.8 10.6

RATE OF INCREASE IN :

GDP DEFLATOR

9

DOMESTIC DEMAND DEFLATOR CONSUMER PRICE INDEX (A)

7.7

8.7

8.5

9.

5

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