Wed, 09 Nov 1994

Forecast of real economic growth and consumer prices (per cent)

Real GDP/GNP Consumer Price Index

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1993 1994 1995 1996 1993 1994 1995 1996

Australia 3.8 4.5 3.9 3.0 1.8 2.1 3.5 5.0 Canada 2.2 3.9 3.5 3.6 1.8 0.3 2.0 1.9 Chile 6.3 4.0 5.5 n/a 12.2 11.0 9.0 9.0 China 13.4 10.0 10.2 n/a 14.5 18.7 12.3 n/a Colombia 1) 5.2 5.0 5.7 n/a 22.6 19.0 17.2 n/a Hong Kong 5.9 5.6 5.8 5.5 8.8 8.6 9.6 9.3 Indonesia 6.5 6.9 6.9 7.1 10.6 8.4 7.9 7.8 Japan -0.1 0.7 2.4 n/a 1.3 0.5 0.4 n/a Korea 5.6 8.1 7.5 n/a 4.8 6.5 6.8 n/a Malaysia 8.5 8.6 8.3 8.2 3.6 3.8 4.0 4.0 Mexico 0.4 2.5 4.6 n/a 8.0 7.0 5.0 n/a New Zealand 3.2 4.6 3.4 2.9 1.3 1.5 2.1 1.8 Peru 1) 6.8 4.2 4.2 n/a 39.5 20.0 17.0 n/a Singapore 9.9 8.8 8.0 7.0 2.4 4.0 3.7 2.8 Chinese Taipei 1) 5.9 6.2 6.3 n/a 2.9 3.8 3.9 n/a Thailand 7.9 8.3 8.3 8.2 3.3 4.5 4.3 4.2 United States 3.1 3.7 2.1 2.0 3.0 2.9 3.6 3.7

Weighted Average

('89-'91) 3.8 4.4 4.2 n/a 4.0 3.9 4.0 n/a Wt.Avg.excl.

U.S. and Japan 5.9 6.4 6.2 n/a 5.8 6.1 5.8 n/a

The weighted average is based on the respective economies' exports during the period indicated. 1) Forecast not updated.