Economic prospects remain patchy with growth expected to drop to 4.7% in fiscal year (FY) 2013 before rising to 5.7% in FY2014. Aside from stabilizing financial markets and reactivating investment, challenges include addressing the high fiscal deficit, excessive inflation, and tight monetary conditions.
|Composite Stock Price Index 1||27.0 (Jan17)||26.0||24.0|
|Broad Money Growth 2||6.6 (Dec16)||6.6||8.5|
|Headline Inflation Rate 3||3.4 (Dec16)||3.6||5.6|
|Industrial/ Manufacturing Production Growth Rate 3||5.7 (Nov16)||-1.8||-3.4|
|Merchandise Export Growth 3||5.7 (Dec16)||5.7||2.3|
|Exchange Rate Index 4||153.6 (Jan17)||153.6||153.0|
|1 Monthly average, local index.|
3 y-o-y, %.
4 Monthly average, January 2006 = 100, $/local currency.
|Source: Bloomberg LP; CEIC database; Ministry of Statistics and Program Implementation; Ministry of Commerce and Industry.|