|
Table 1 Growth rates of the Gross Domestic Product |
| Revised estimate for 1997 (%) | Updated forecast for 1998 as released on 28.8.98 (%) | |
| Growth rate in real terms : | ||
| Private Consumption Expenditure | 6.7 | -4.5 |
| Government Consumption Expenditure | 2.4 | 2 |
| Gross Domestic Fixed Capital Formation | 16.0 | -4.5 |
Transfer costs of land and buildings |
30.0 | -50 |
|
Building and construction |
6.5 | -3 |
| Public
sector |
-9.4 | -11 |
| Private
sector |
20.0 | 2 |
| Real
estate developers' margin |
31.2 | 6.5 |
| Machinery
and equipment |
17.4 | -4 |
| Public
sector |
20.1 | 0.5 |
| Private
sector |
17.3 | -4 |
| Total Exports of Goods | 6.1 | -2 |
| Domestic
exports |
2.1 | -3.5 |
| Re-exports
|
6.8 | -2 |
| Imports of Goods | 7.2 | -3.5 |
| Exports of Services | -0.6 | 4 |
| Imports of Services | 4.3 | 1 |
| Gross Domestic Product (GDP) | 5.3 | -4 |
| Rate of increase in : | ||
| GDP Deflator | 6.6 | 2 |
| Domestic Demand Deflator | 5.5 | 0.5 |
| Composite Consumer Price Index | 5.8 | 3.5 |
| Consumer Price Index (A) | 5.7 | 3.2 |