C ENTRALE B ANK VAN A RUBA
CHARTS & TRENDS
Research Department August 29, 2012
Contents 1 1.1 1.2 1.3 1.4 1.5 1.6 1.7 1.8 1.9 1.10 1.11 1.12 1.13 1.14 1.15 1.16 1.17 1.18 1.19 1.20 1.21 1.22 1.23 1.24 1.25 1.26 1.27 1.28 1.29 1.30 1.31 1.32 1.33 1.34 1.35 1.36
Real sector Nominal turnover tax (BBO) Real turnover tax (BBO) - lagged one month Nominal wage tax Real wage tax - lagged one month Inflation Aruba (Twelve-month average) Inflation Aruba (End of period) Inflation differential 12-month average and end of period Inflation USA (Twelve-month average) Inflation differential Aruba with USA (Twelve-month average) Aruba inflation excluding energy and food (Twelve-month average) Aruba inflation excluding energy (Twelve-month average) USA inflation excluding energy (Twelve-month average) Aruba-Food and non-alcoholic beverage (Twelve-month average) Aruba-Housing (Twelve-month average) Aruba-Household operation (Twelve-month average) Aruba-Transport (Twelve-month average) Aruba-Food component (Twelve-month average) USA-Food component (Twelve-month average) Aruba-Maintenance and repair of the dwelling (Twelve-month average) Unemployment rate Severance insurance payments Workers' remittances payments Population AZV-receipts AOV/AWW-receipts Stay-over visitors Visitor's nights Airport arrivals corrected for resident arrivals Resident arrivals Airline load factor Average nights stayed Cruise passengers Ship calls Occupancy rate-total Occupancy rate-hotels Occupancy rate-timeshare
1-3 1-3 1-3 1-3 1-4 1-4 1-4 1-4 1-4 1-4
1.37 1.38 1.39 1.40 1.41 1.42 1.43 1.44 1.45 1.46 1.47 1.48 1.49 1.50 1.51 1.52 1.53
1-4 1.54 1-4 1-5 1-5 1-5 1-5 1-5 1-5
1.55 1.56 1.57 1.58 1.59 1.60 1.61 1.62 1.63 1.64 1.65 1.66 1.67
Nominal revenue per available room-total Real revenue per available room-total Nominal revenue per available room-hotel Real revenue per available room-hotel Nominal revenue per available room-timeshare Real revenue per available room-timeshare Nominal average daily rate-total Real average daily rate-total Nominal average daily rate-hotel Real average daily rate-hotel Nominal average daily rate-timeshare Real average daily rate-timeshare Nominal tourism receipts Real tourism receipts Nominal tourism expenditure Real tourism expenditure Nominal tourism receipts (Commercial banks and CBA) Real tourism receipts (Commercial banks and CBA) Nominal hotel room tax/tourist levy Real hotel room tax/tourist levy - lagged one month Nominal gambling licenses Real gambling licenses - lagged on month Water Electricity Gas Container transport ASTEC Unleaded premium gasoline prices Diesel prices New commercial water connection New commercial water disconection Index of construction
1-9 1-9 1-9 1-9 1-9 1-9 1-9 1-9 1-10 1-10 1-10 1-10 1-11 1-11 1-11 1-11 1-11 1-11 1-11 1-11 1-12 1-12 1-13 1-13 1-13 1-13 1-13 1-13 1-13 1-13 1-14
1-5 1-6 1-6 1-6 1-6 1-6 1-6 1-7 1-7 1-7 1-7 1-7 1-7 1-7 1-7 1-8 1-8 1-8
2 2.1 2.2 2.3 2.4 2.5
2.6
2.7
Monetary sector Nominal money supply (End of period) Real money supply (End of period) Nominal net domestic assets (End of period) Real net domestic assets (End of period) Nominal net foreign assets Including revaluation differences (End of period) Real net foreign assets Including revaluation differences (End of period) Nominal net foreign assets Excluding revaluation differences (End of period)
2-3 2-3 2-3 2-3 2-3
2-3 15 2-3
2.8
2.9 2.10 2.11 2.12 2.13 2.14 2.15 2.16 2.17 2.18 2.19 2.20 2.21 2.22 2.23 2.24 2.25 2.26 2.27 2.28 2.29 2.30 2.31 2.32 2.33
Real net foreign assets Excluding revaluation differences (End of period) Nominal total credit according to CMR (End of period) Real total credit according to CMR (End of period) Nominal consumer credit (End of period) Real consumer credit (End of period) Number of new consumer credit (During period) Total amount of new consumer credit (During period) Nominal average new consumer credit per lender (During period) Real average new consumer credit per lender (During period) Nominal housing mortgages (End of period) Real housing mortgages (End of period) Number of new housing mortgages (During period) Total amount of new housing mortgages (During period) Nominal average new housing mortgages per lender (During period) Real average new housing mortgages per lender (During period) Nominal car loans (End of period) Real car loans (End of period) Nominal commercial loans (End of period) Real commercial loans (End of period) Number of new commercial mortgages (During period) Total amount of new commercial mortgages (During period) Nominal average new commercial mortgages per lender (During period) Real average new commercial mortgages per lender (During period) Number of new commercial term loans (During period) Total amount of new commercial term loans (During period) Nominal average new commercial term loan per lender
2-3
2-4 2-4 2-4 2-4 2-4 2-4 2-4 2-4 2-5 2-5 2-5 2-5 2-5 2-5 2-5 2-5 2-6 2-6 2-6 2-6 2-6 2-6 2-6 2-6 2-7
2.34 Real average new commercial term loan per lender (During period) 2.35 Nominal savings deposits (End of period) 2.36 Real savings deposits (End of period) 2.37 Number of new savings deposits (During period) 2.38 Total of amount of new savings deposits (During period) 2.39 Weighted average rate on interest on deposits (During period) 2.40 Weighted average rate on interest on loans (During period) 2.41 Interest rate margin (During period) 2.42 Weighted average yield on treasury bonds 2.43 Weighted average yield on treasury bills 2.44 Gross business loans on a weekly basis 2.45 Gross individual loans on a weekly basis
2-7
2-8 2-8 2-9 2-9
3 3.1 3.2 3.3 3.4
3-3 3-3 3-3 3-3
2-7 2-7 2-7 2-7 2-7 2-7 2-8
3.5 3.6 3.7 3.8 3.9 3.10 3.11 3.12 3.13 3.14 3.15 3.16 3.17 3.18 3.19
Public finance Government revenue Government expenditure Government financial deficit (-) Government financial deficit (-) incl. change in unmet financing requirements Outstanding dometic government debt Outstanding foreign governmnet debt Outstanding government debt Outstanding government debt to GDP ratio Taxes on income Taxes on commodities Foreign exchange tax Nontax revenue Wage expenditures Number of government employees Goods and services Interest Investments (Incl. development fund spending) Transfer to AZV Expenditure cash adjusted basis
3-3 3-3 3-3 3-3 3-4 3-4 3-4 3-4 3-4 3-4 3-4 3-4 3-5 3-5 3-5
4 4.1 4.2 4.3 4.4 4.5 4.6 4.7 4.8 4.9 4.10
External sector Overall balance of payments Overall balance of payments-Oil sector Overall balance of payments-Non-oil secter Current account Current account-Oil sector Current account-Non-oil sector Capital and financial account Capital and financial account-Oil sector Capital and financial account-Non-oil sector Import payments of goods
4-3 4-3 4-3 4-3 4-3 4-3 4-3 4-3 4-4 4-4
4.11 4.12 4.13 4.14 4.15 4.16 4.17 4.18 4.19 4.20 4.21 4.22
Import payments of goods-Oil sector Import payments of goods-Non-oil sector Import payments of services Import payments of services-Oil sector Import payments of services-Non-oil sector Import payments of goods and services Import payments of goods and servicesOil sector Import payments of goods and servicesNon-oil sector Merchandise import coverage ratio (End of period) Merchandise import coverage ratio (Twelve-month average) Current account import coverage ratio (End of period) Current account import coverage ratio (Twelve-month average)
5 5.1 5.2 5.3 5.4
Macro prudential indicators Capital/risk-weighted assets ratio Loan/deposit ratio Prudential liquidity ratio Nonperforming loans-commercial current account 5.5 Nonperforming loans-commercial term loans 5.6 Nonperforming loans-commercial mortgages 5.7 Nonperforming loans-individual mortgages 5.8 Nonperforming loans-individual other 5.9 Nonperforming loans-total loans 5.10 Commercial banks-nonperforming loans (Monthly figures) 5.11 Nonperforming loans - Commercial banks & banklike institutions
4-4 4-4 4-4 4-4 4-4 4-4 4-5 4-5 4-5 4-5 4-5 4-5
5-3 5-3 5-3 5-4 5-4 5-4 5-4 5-4 5-4 5-4
5-5
6 6.1 6.2 6.3 6.4 6.5 6.6 6.7 6.8 6.9 6.10 6.11
Composite indicators Index monthly indicators of consumption Index quarterly indicators of consumption Index monthly indicators of investment Index quarterly indicators of investment Index of export indicators Index of indicators of imports Index of Economic Indicators Partial economic activity index Current business perception index Short-term business perception index Business perception index
6-3 6-3 6-3 6-3 6-3 6-3 6-3 6-3 6-4 6-4 6-4
7 7.1 7.2 7.3 7.4
International environment All commodities index-World Non fuel commodity index-World Energy index-World Oil prices
7-3 7-3 7-3 7-3
7.5 7.6 7.7 7.8 7.9 7.10
Euro exchange rate (period average) Consumer confidence index-USA Unemployment rate-USA USA index of leading economic indicators Gold prices Food price index
7-3 7-3 7-3 7-3 7-4 7-4
1. Real sector
Chart 1.1
9.5 9.0 8.5 8.0 7.5 7.0 6.5 6.0 5.5 5.0
In Afl. million
In Afl. million
Nominal turnover tax (BBO) (Excl. receipts from Valero: June 2009 $8 million and June 2010 Afl. 211.6 million )
Chart 1.2 Real turnover tax (BBO) - lagged one month (In January 2007 prices)
Jan Feb Mar Apr May Jun 2010
Jul Aug Sep Oct Nov Dec
2011
8.0 7.6 7.2 6.8 6.4 6.0 5.6 5.2 4.8 4.4
2012
2010
Chart 1.3
2011
2012
Real wage tax - lagged one month (In January 2007 prices)
28 26
22
24
20
In Afl. million
In Afl. million
Jul Aug Sep Oct Nov Dec
Chart 1.4 Nominal wage tax
22 20 18 16 14
Jan Feb Mar Apr May Jun
Jan Feb Mar Apr May Jun 2010
Jul Aug Sep
2011
18 16 14 12
Oct Nov Dec
2012
Jan Feb Mar Apr May Jun 2010
1-3
Jul Aug Sep
2011
2012
Oct Nov Dec
Chart 1.5
Chart 1.6
6.0 5.0 4.0 3.0 2.0 1.0 0.0 -1.0 -2.0
Inflation Aruba (End of period)
In percent
Percentage change
Inflation Aruba (Twelve-month average)
Jan Feb Mar Apr May Jun 2010
Jul Aug Sep Oct Nov Dec
2011
8.0 7.0 6.0 5.0 4.0 3.0 2.0 1.0 0.0 -1.0 -2.0
Jan Feb Mar Apr May Jun
2012
Chart 1.7 Inflation differential 12-month average and end of period
2010
Percentage change
Percentage points
2.0 0.0 -2.0 -4.0 -6.0 -8.0
2010
Jul Aug Sep Oct Nov Dec
2011
Jan Feb Mar Apr May Jun
2011
2012
Chart 1.10 Aruba inflation excluding energy and food (Twelve-month average)
2011
1.6 1.2 0.8 0.4 0.0 -0.4 -0.8
Jul Aug Sep Oct Nov Dec
Jan Feb Mar Apr May Jun
2012
Chart 1.11
2010
Jul Aug Sep Oct Nov Dec
2011
2012
Chart 1.12 USA inflation excluding energy (Twelve-month average) Percentage change
Aruba inflation excluding energy (Twelve-month average) Percentage change
Jul Aug Sep Oct Nov Dec
2.0
2010
2.4 2.0 1.6 1.2 0.8 0.4 0.0 -0.4 -0.8 -1.2
Jan Feb Mar Apr May Jun 2010
Percentage change
Percentage points
Inflation differential Aruba with USA (Twelve-month average) 2.5 2.0 1.5 1.0 0.5 0.0 -0.5 -1.0 -1.5
3.5 3.0 2.5 2.0 1.5 1.0 0.5 0.0 -0.5
2012
Chart 1.9
2012
Inflation USA (Twelve-month average)
4.0
Jan Feb Mar Apr May Jun
2011
Chart 1.8
6.0
-10.0
Jul Aug Sep Oct Nov Dec
Jan Feb Mar Apr May Jun 2010
Jul Aug Sep Oct Nov Dec
2011
2012
2.6 2.4 2.2 2.0 1.8 1.6 1.4 1.2 1.0 0.8
Jan Feb Mar Apr May Jun 2010
1-4
Jul Aug Sep Oct Nov Dec
2011
2012
Chart 1.13 Aruba - Food and non-alcoholic beverages - Weight 1,489 (Twelve-month average)
Chart 1.14 Aruba - Housing - Weight 1,815 (Twelve-month average)
0.6
Percentage change
Percentage change
0.8 0.4 0.2 0.0 -0.2 -0.4 -0.6
Jan Feb Mar Apr May Jun 2010
Jul Aug Sep Oct Nov Dec
2011
Jan Feb Mar Apr May Jun
2011
1.2 0.8 0.4 0.0 -0.4 -0.8 -1.2
2010
Jul Aug Sep Oct Nov Dec
2011
2012
Chart 1.18 USA - Food component (Twelve-month average)
0.8
0.5
0.6
0.4
Percentage change
Percentage change
Jan Feb Mar Apr May Jun
2012
Aruba - Food component - Weight 1,263 (Twelve-month average)
0.4 0.2 0.0 -0.2 -0.4 Jan Feb Mar Apr May Jun 2010
2011
2012
(Twelve-month average) 0.12 0.08 0.04 0.00 -0.04 -0.08
2010
Jul Aug Sep Oct Nov Dec
2011
0.2 0.1 0.0 -0.1 Jan Feb Mar Apr May Jun 2010
Aruba - Maintenance and repair of the dwelling - Weight 504
Jan Feb Mar Apr May Jun
0.3
-0.2
Jul Aug Sep Oct Nov Dec
Chart 1.19
Percentage change
2012
Aruba - Transport - Weight 1,741 (Twelve-month average)
Jul Aug Sep Oct Nov Dec
Chart 1.17
-0.12
2011
Chart 1.16
Percentage change
Percentage change
2010
Jul Aug Sep Oct Nov Dec
1.6
2010
-0.6
Jan Feb Mar Apr May Jun
2012
Chart 1.15 Aruba - Household operation - Weight 980 (Twelve-month average) 0.20 0.15 0.10 0.05 0.00 -0.05 -0.10 -0.15 -0.20 -0.25
3.5 3.0 2.5 2.0 1.5 1.0 0.5 0.0 -0.5 -1.0 -1.5 -2.0
2012
1-5
Jul Aug Sep Oct Nov Dec
2011
2012
Chart 1.20
Chart 1.21 Severance insurance payments 1,000 In Afl. thousand
In percentage
Unemployment rate 10.8 10.6 10.4 10.2 10.0 9.8 9.6 9.4 9.2 9.0 8.8 8.6
2010
III
2011 2010
800 600 400 200 0
IV
I
2011
Population 103.2 In thousand
In Afl. million
2011
103.6
102.8 102.4 102.0 101.6
I
II 2010
III 2011
101.2
IV
I
II
2012
III 2010
Chart 1.24
IV
2011
Chart 1.25 AZV-receipts
AOV/AWW-receipts 20
24
18
22 In Afl. million
In Afl. million
IV
Chart 1.23 Worker's remittances payments
16 14 12 10
III 2010
Chart 1.22 30 30 30 29 28 28 28 27 26 26 26 25
II
20 18 16 14
Jan Feb Mar Apr May Jun 2010
Jul Aug Sep
2011
12
Oct Nov Dec
2012
Jan Feb Mar Apr May Jun 2010
1-6
Jul Aug Sep
2011
2012
Oct Nov Dec
Chart 1.26
Chart 1.27
80 76 72 68 64 60 56
Jan Feb Mar Apr May Jun 2010
Jul Aug Sep
2011
Oct Nov Dec
76 72 68 64 60
2010
Jul Aug Sep
2011
560 520 480 440 400
12 11 10 9 8 7 6 5 4 3
2011
Jan Feb Mar Apr May Jun 2010
2012
Jul Aug Sep
2011
Oct Nov Dec
2012
Average nights stayed
Average days 2010
Jul Aug Sep
2011
Oct Nov Dec
9.0 8.8 8.6 8.4 8.2 8.0 7.8 7.6 7.4 7.2 7.0 6.8
Jan Feb Mar Apr May Jun
2012
Chart 1.32
2010
Jul Aug Sep Oct Nov Dec
2011
2012
Chart 1.33 Cruise passengers
Ship calls
120
70
100
60
80
Ship calls
Passengers in thousands
Jul Aug Sep Oct Nov Dec
Chart 1.31
Jan Feb Mar Apr May Jun
60 40
50 40 30 20
20 0
Jan Feb Mar Apr May Jun
2012
Airline load factor (Including transfer, transit, diplomats, inactive crew etc.) In percent of total seats
600
Resident arrivals
Oct Nov Dec
Chart 1.30
82 80 78 76 74 72 70 68 66
640
Chart 1.29 Number of arrivals in thousand
80
Jan Feb Mar Apr May Jun
680
2010
84
56
Visitor's nights 720
2012
Chart 1.28 Airport arrivals corrected for resident arrivals Number of arrivals in thousand
Number of visitor's nights in thousand
Number of visitors in thousand
Stay-over visitors 84
10 Jan Feb Mar Apr May Jun 2010
0
Jul Aug Sep Oct Nov Dec
2011
2012
Jan Feb Mar Apr May Jun 2010
1-7
Jul Aug Sep
2011
2012
Oct Nov Dec
Chart 1.34
Chart 1.35 Occupancy rate - hotels 88
88
84
84
80
In percent
In percent
Occupancy rate - total 92
80 76
72
72
68
68
64
64
Jan Feb Mar Apr May Jun 2010
Jul Aug Sep
2011
60
Oct Nov Dec
2012
Occupancy rate - timeshare 92 88 84 80 76 72 68
Jan Feb Mar Apr May Jun 2010
Jul Aug Sep
2011
Jan Feb Mar Apr May Jun 2010
Chart 1.36
In percent
76
Oct Nov Dec
2012
1-8
Jul Aug Sep
2011
2012
Oct Nov Dec
Chart 1.37 Nominal revenue per available room - total
Chart 1.38 Real revenue per available room - total (In January 2007 prices)
240 220 180 In Afl.
In Afl.
200 160 140 120 100 80
Jan Feb Mar Apr May Jun 2010
Jul Aug Sep Oct Nov Dec
2011
220 200 180 160 140 120 100 80 60
Jan Feb Mar Apr May Jun
2012
2010
Chart 1.39 Nominal revenue per available room - hotels
320
320
280
280
In Afl.
In Afl.
360
240
200
160
160
2011
Jan Feb Mar Apr May Jun 2010
Jul Aug Sep
2011
2010
48 44 40 36 32 28 24 20 16 12
2011
Jan Feb Mar Apr May Jun
2012
2010
2012
Jul Aug Sep
2011
Oct Nov Dec
2012
Chart 1.44 Nominal average daily rate - total
Real average daily rate - total (In January 2007 prices)
480 440
400
400
360
360
320
In Afl.
In Afl.
Jul Aug Sep Oct Nov Dec
Chart 1.42 Real revenue per available room - timeshare (In January 2007 prices)
Oct Nov Dec
Chart 1.43
320
280
280
240
240
200
200
Jan Feb Mar Apr May Jun
2012
In Afl.
60 55 50 45 40 35 30 25 20 15
120
Jul Aug Sep Oct Nov Dec
Chart 1.41 Nominal revenue per available room - timeshare
In Afl.
240
200
2010
2012
Real revenue per available room - hotels (In January 2007 prices)
360
Jan Feb Mar Apr May Jun
2011
Chart 1.40
400
120
Jul Aug Sep Oct Nov Dec
Jan Feb Mar Apr May Jun 2010
160
Jul Aug Sep Oct Nov Dec
2011
2012
Jan Feb Mar Apr May Jun 2010
1-9
Jul Aug Sep Oct Nov Dec
2011
2012
Chart 1.45
Chart 1.46 Nominal average daily rate - hotel
Real average daily rate - hotel (In January 2007 prices)
480
440
440
400
400
360 In Afl.
In Afl.
520
360 320
320 280
280
240
240
200
200
Jan Feb Mar Apr May Jun 2010
160
Jul Aug Sep Oct Nov Dec
2011
2012
Chart 1.47
2010
Nominal average daily rate - timeshare
2011
2012
Real average daily rate - timeshare (In January 2007 prices)
440
440
400
400 360
360
In Afl.
In Afl.
Jul Aug Sep Oct Nov Dec
Chart 1.48
480
320 280
320 280 240
240 200
Jan Feb Mar Apr May Jun
200 Jan Feb Mar Apr May Jun 2010
160
Jul Aug Sep Oct Nov Dec
2011
2012
Jan Feb Mar Apr May Jun 2010
1-10
Jul Aug Sep Oct Nov Dec
2011
2012
Chart 1.49
Chart 1.50 Nominal tourism receipts
Real tourism receipts (In the first quarter of 2007 prices)
720
680
680
640
In Afl. million
In Afl. million
760
640 600 560 520
600 560 520 480 440
480
I
II 2010
III 2011
400
In Afl. million
In Afl. million
2012
400
420
380 360 340
380 360 340 320 300
320
I
II
III
280
IV
2010
Nominal tourism receipts (Commercial banks and CBA) 220
In Afl.
200 180 160 140 120
2010
Jul Aug Sep Oct Nov Dec
2011
2011
IV
2012
Jul Aug Sep Oct Nov Dec
2011
2012
Chart 1.56 Real hotel room tax/Tourist levy - lagged one month (In January 2007 prices)
Jul Aug Sep Oct Nov Dec
2011
III
Jan Feb Mar Apr May Jun 2010
In Afl. million
Nominal hotel room tax/Tourist Levy
2010
190 180 170 160 150 140 130 120 110 100
2012
Chart 1.55
Jan Feb Mar Apr May Jun
II
Chart 1.54 Real tourism receipts - commercial banks and CBA (In January 2007 prices)
240
Jan Feb Mar Apr May Jun
I
2010
Chart 1.53
In Afl. million
2011
IV
Real tourism expenditure (In the first quarter of 2007 prices)
440
In Afl. million
III
Chart 1.52 Nominal tourism expenditure
7.0 6.5 6.0 5.5 5.0 4.5 4.0 3.5 3.0 2.5 2.0
II
2010
2012
Chart 1.51
100
I
IV
2012
6.0 5.5 5.0 4.5 4.0 3.5 3.0 2.5 2.0
Jan Feb Mar Apr May Jun 2010
1-11
Jul Aug Sep Oct Nov Dec
2011
2012
Chart 1.57
In Afl. million
In Afl. million
Nominal gambling licenses 3.0 2.8 2.6 2.4 2.2 2.0 1.8 1.6 1.4 1.2 1.0
Chart 1.58 Real gambling linceses - lagged one month (In January 2007 prices)
Jan Feb Mar Apr May Jun 2010
Jul Aug Sep Oct Nov Dec
2011
2012
2.4 2.2 2.0 1.8 1.6 1.4 1.2 1.0 0.8
Jan Feb Mar Apr May Jun 2010
1-12
Jul Aug Sep Oct Nov Dec
2011
2012
Chart 1.59
Chart 1.60 Water (Household)
Electricity (Household)
560
In KWH million
In thousand m3
580 540 520 500 480 460 440
Jan Feb Mar Apr May Jun 2010
Jul Aug Sep Oct Nov Dec
2011
Total containers
1,500 1,400 1,300 1,200 1,100 1,000 900 Jan Feb Mar Apr May Jun
800
Jul Aug Sep Oct Nov Dec
2011
Jan Feb Mar Apr May Jun
2012
2010
Jul Aug Sep Oct Nov Dec
2011
2012
Chart 1.64 Diesel prices
260
230
250
220 In cents per liter
In cents per liter
2012
1,600
Unleaded premium gasoline prices
240 230 220 210 200 190
210 200 190 180 170 160
Jan Feb Mar Apr May Jun 2010
150
Jul Aug Sep Oct Nov Dec
2011
Jan Feb Mar Apr May Jun
2012
2010
Chart 1.65
Jul Aug Sep Oct Nov Dec
2011
2012
Chart 1.66 New commercial water connection
New commercial water disconnection 40 35 30 Total
Total
2011
IV
Container transport ASTEC
Chart 1.63
50 45 40 35 30 25 20 15 10 5
III
Chart 1.62
2010
180
II 2010
Gas (Household) In thousand pound
I
2012
Chart 1.61
950 900 850 800 750 700 650 600 550 500 450
80 78 76 74 72 70 68 66 64 62 60
25 20 15 10
Jan Feb Mar Apr May Jun 2010
Jul Aug Sep
2011
5
Oct Nov Dec
2012
Jan Feb Mar Apr May Jun 2010
1-13
Jul Aug Sep
2011
2012
Oct Nov Dec
Chart 1.67 Index of construction (Twelve-month average) 92.0 88.0 84.0 80.0 76.0 72.0 68.0 64.0
I
II 2010
III 2011
IV
2012
1-14
2. Monetary sector
Chart 2.1
Chart 2.2
3,320 3,300 3,280 3,260 3,240 3,220 3,200 3,180 3,160 3,140
Real money supply (In January 2007 prices, end of period)
In Afl. million
In Afl. million
Nominal money supply (End of period)
Jan Feb Mar Apr May Jun 2010
Jul Aug Sep Oct Nov Dec
2011
2,960 2,920 2,880 2,840 2,800 2,760 2,720 2,680 2,640 2,600
2012
Chart 2.3
2010
Jul Aug Sep Oct Nov Dec
2011
In Afl. million In Afl. million
2010
1,550 1,500 1,450 1,400 1,350 1,300 1,250 1,200 1,150 1,100 1,050
2012
Chart 2.7 Nominal net foreign assets-Excl. revaluation differences (End of period)
In Afl. million
1,400 1,300 1,200 1,100
2010
Jul Aug Sep Oct Nov Dec
2011
2012
Jul Aug Sep Oct Nov Dec
2011
2012
Chart 2.8 Real net foreign assets-Excl. revaluation differences (In January 2007 prices, end of period)
1,500
Jan Feb Mar Apr May Jun
Jul Aug Sep Oct Nov Dec
2011
Jan Feb Mar Apr May Jun 2010
1,600 In Afl. million
2012
Chart 2.6 Real net foreign assets-Incl. revaluation differences (In January 2007 prices, end of period)
Jul Aug Sep Oct Nov Dec
2011
Jan Feb Mar Apr May Jun 2010
In Afl. million Jan Feb Mar Apr May Jun
1,800 1,760 1,720 1,680 1,640 1,600 1,560 1,520 1,480
2012
Chart 2.5 Nominal net foreign assets-Incl. revaluation differences (End of period)
1,000
2011
Real net domestic assets (In January 2007 prices, end of period)
In Afl. million Jan Feb Mar Apr May Jun 2010
1,750 1,700 1,650 1,600 1,550 1,500 1,450 1,400 1,350 1,300 1,250
Jul Aug Sep Oct Nov Dec
Chart 2.4 Nominal net domestic assets (End of period)
2,100 2,050 2,000 1,950 1,900 1,850 1,800 1,750 1,700 1,650
Jan Feb Mar Apr May Jun
1,400 1,300 1,200 1,100 1,000 900 800
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
2010
2012
2-3
2011
2012
Chart 2.9
Chart 2.10
3,000 2,950 2,900 2,850 2,800 2,750 2,700 2,650 2,600
Real total credit according to CMR (In January 2007 prices, end of period)
In Afl. million
In Afl. million
Nominal total credit according to CMR (End of period)
Jan Feb Mar Apr May Jun 2010
Jul Aug Sep Oct Nov Dec
2011
2,520 2,500 2,480 2,460 2,440 2,420 2,400 2,380 2,360 2,340 2,320
Jan Feb Mar Apr May Jun
2012
2010
Chart 2.11
530 In Afl. million
In Afl. million
Real consumer credit (In January 2007 prices, end of period)
520 510 500 490 480
Jan Feb Mar Apr May Jun
470
Jul Aug Sep Oct Nov Dec
2011
2010
Jul Aug Sep Oct Nov Dec
2011
2012
Chart 2.14 Number of new consumer credit (During period)
Total amount of new consumer credit (During period)
1,400 In Afl. million
1,200 1,000 800 600 400 Jan Feb Mar Apr May Jun 2010
Jul Aug Sep
2011
Oct Nov Dec
In Afl. thousand
24 22 20 18
2010
2011
Jul Aug Sep
2011
Oct Nov Dec
2012
Chart 2.16 Real average new concumer credit per loan granted (In January 2007 prices, during period)
26
Jul Aug Sep
Jan Feb Mar Apr May Jun 2010
28
Jan Feb Mar Apr May Jun
28 26 24 22 20 18 16 14 12 10 8 6
2012
Chart 2.15 Nominal average new consumer credit per loan granted (During period) In Afl. thousand
Jan Feb Mar Apr May Jun
2012
Chart 2.13
16
2012
540
2010
200
2011
Chart 2.12 Nominal consumer credit (End of period)
605 600 595 590 585 580 575 570 565
Jul Aug Sep Oct Nov Dec
Oct Nov Dec
2012
24 23 22 21 20 19 18 17 16 15 14
Jan Feb Mar Apr May Jun 2010
2-4
Jul Aug Sep
2011
2012
Oct Nov Dec
Chart 2.17
Chart 2.18 Real housing mortgages (In January 2007 prices, end of period)
940
790
920
780 In Afl. million
In Afl. million
Nominal housing mortgages (End of period)
900 880 860 840 820 800
770 760 750 740 730
Jan Feb Mar Apr May Jun 2010
720
Jul Aug Sep Oct Nov Dec
2011
Jan Feb Mar Apr May Jun
2012
2010
Chart 2.19
In Afl. million
120 100 80 60 40 Jan Feb Mar Apr May Jun 2010
Jul Aug Sep
2011
Oct Nov Dec
In Afl. thousand
2010
2011
Jul Aug Sep
2011
Oct Nov Dec
2012
Chart 2.22 Real average new housing mortgages per loan granted (In January 2007 prices, during period) 220 200 180 160 140 120 100
Jul Aug Sep Oct Nov Dec
Jan Feb Mar Apr May Jun
2012
Chart 2.23
2010
Jul Aug Sep Oct Nov Dec
2011
2012
Chart 2.24 Nominal car loans (End of period)
Real car loans (In January 2007 prices, end of period)
184 In Afl. million
180 In Afl. million
Jan Feb Mar Apr May Jun 2010
In Afl. thousand Jan Feb Mar Apr May Jun
24 22 20 18 16 14 12 10 8 6 4
2012
Chart 2.21 Nominal average new housing mortgages per loan granted (During period)
176 172 168 164 160 156
2012
Total amount of new housing mortgages (During period)
140
260 240 220 200 180 160 140 120
2011
Chart 2.20 Number of new housing mortgages (During period)
20
Jul Aug Sep Oct Nov Dec
Jan Feb Mar Apr May Jun 2010
Jul Aug Sep Oct Nov Dec
2011
2012
164 160 156 152 148 144 140 136 132 128
Jan Feb Mar Apr May Jun 2010
2-5
Jul Aug Sep Oct Nov Dec
2011
2012
Chart 2.25
Chart 2.26
1,220 1,200 1,180 1,160 1,140 1,120 1,100 1,080 1,060 1,040
Real commercial loans (In January 2007 prices, end of period) 1,020 In Afl. million
In Afl. million
Nominal commercial loans (End of period)
Jan Feb Mar Apr May Jun
2011
940
2012
In Afl. million
10 8 6 4 2 Mar Apr May Jun 2010
Jul Aug Sep
2011
Oct Nov Dec
2010
4,500 4,000 3,500 3,000 2,500 2,000 1,500 1,000 500 0
2012
Number of new commercial term loans (During period)
Oct Nov Dec
2012
Jan Feb Mar Apr May Jun
Jul Aug Sep Oct Nov Dec
2011
2012
Chart 2.32 Total amount of new commercial term loans (During period) 35
120
30 In Afl. million
140 100 80 60 40 20 0
Jul Aug Sep
2011
2010
Chart 2.31
2012
Chart 2.30 Real average new commercial mortgages per loan granted (In January 2007 prices, during period)
Jul Aug Sep Oct Nov Dec
2011
2011
Jan Feb Mar Apr May Jun 2010
In Afl. thousand Jan Feb Mar Apr May Jun
32 28 24 20 16 12 8 4 0
2012
Chart 2.29 Nominal average new commercial mortgages per loan granted (During period)
Jul Aug Sep Oct Nov Dec
Chart 2.28 Total amount of new commercial mortgages (During period)
12
Jan Feb
Jan Feb Mar Apr May Jun 2010
Number of new commercial mortgages (During period)
In Afl. thousand
960
900
Jul Aug Sep Oct Nov Dec
Chart 2.27
5,000 4,500 4,000 3,500 3,000 2,500 2,000 1,500 1,000 500 0
980
920
2010
0
1,000
25 20 15 10 5
Jan Feb Mar Apr May Jun 2010
Jul Aug Sep
2011
0
Oct Nov Dec
2012
Jan Feb Mar Apr May Jun 2010
2-6
Jul Aug Sep
2011
2012
Oct Nov Dec
Chart 2.33 Nominal average new commercial term loan per loan granted (During period)
Chart 2.34 Real average new commercial term loan per loan granted (In January 2007 prices, during period) In Afl. thousand
In Afl. thousand
1,000 800 600 400 200 0
Jan Feb Mar Apr May Jun 2010
Jul Aug Sep Oct Nov Dec
2011
800 700 600 500 400 300 200 100 0
Jan Feb Mar Apr May Jun
2012
2010
Chart 2.35
800
920
790 In Afl. million
In Afl. million
940 900 880 860
780 770 760 750 740
Jan Feb Mar Apr May Jun 2010
730
Jul Aug Sep Oct Nov Dec
2011
Jan Feb Mar Apr May Jun
2012
2010
Chart 2.37
Jul Aug Sep Oct Nov Dec
2011
2012
Chart 2.38 Number of new savings deposits (During period)
Total amount of new savings deposits (During period) 8 In Afl. million
7 6 5 4 3 2 Jan Feb Mar Apr May Jun 2010
Jul Aug Sep
2011
2012
Jan Feb Mar Apr May Jun 2010
Jul Aug Sep
2011
Oct Nov Dec
2012
Chart 2.40 Weighted average rate of interest on loans (During period)
Jul Aug Sep Oct Nov Dec
2011
Jan Feb Mar Apr May Jun 2010
In percent
4.4 4.0 3.6 3.2 2.8 2.4 2.0 1.6 1.2 0.8
1
Oct Nov Dec
Chart 2.39 Weighted average rate of interest on deposits (During period)
In percent
2012
Real savings deposit (In January 2007 prices, end of period)
840
680 640 600 560 520 480 440 400 360 320
2011
Chart 2.36 Nominal savings deposits (End of period)
820
Jul Aug Sep Oct Nov Dec
2012
12.0 11.5 11.0 10.5 10.0 9.5 9.0 8.5 8.0
Jan Feb Mar Apr May Jun 2010
2-7
Jul Aug Sep Oct Nov Dec
2011
2012
Chart 2.41
Chart 2.42 Weighted average yield on treasury bonds
In percent
Interest rate margin (During period) 9.5 9.0 8.5 8.0 7.5 7.0 6.5 6.0 5.5
Jan Feb Mar Apr May Jun 2010
Jul Aug Sep Oct Nov Dec
2011
6.4 6.2 6.0 5.8 5.6 5.4 5.2 5.0 4.8 4.6 4.4 4.2
Jan Feb Mar Apr May Jun
2012
2010
Jul Aug Sep
Oct Nov Dec
2011
Chart 2.43 Weighted average yield on treasury bills 3.2 2.8 2.4 2.0 1.6 1.2 0.8 0.4 0.0
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec 2010 2011 2012
Advance rate
Weighted average yield on 3-month treasury bills
2-8
Chart 2.44 Gross business loans on a weekly basis 1,220
1,200
1,180
In Afl. million
1,160
1,140
1,120
1,100
1,080
1,060
1,040
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52
2010
2011
2012
Chart 2.45 Gross individual loans on a weekly basis 1,520
1,500
In Afl. million
1,480
1,460
1,440
1,420
1,400
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52
2010
2011
2-9
2012
3. Public finance
Chart 3.1
Chart 3.2
520 480 440 400 360 320 280 240 200
Government expenditure (During period)
In Afl. million
In Afl. million
Government revenue (During period)
I
II
III 2010
IV
III
In Afl. million
2010
IV
120 80 40 0 -40 -80 -120 -160
IV
2011
Outstanding foreign government debt (End of period) 1,180 1,160 In Afl. million
In Afl. million
III
Chart 3.6
1,140 1,120 1,100 1,080 1,060
I
II
III 2010
1,040
IV
In % of GDP
2,700 2,600 2,500 2,400 2,300 III 2010
III
IV
2011
Chart 3.8 Outstanding government debt to GDP ratio (End of period)
2,800
II
II 2010
Outstanding government debt (End of period)
I
I
2011
Chart 3.7
In Afl. million
IV
2011
II 2010
Outstanding domestic government debt (End of period)
2,200
I
2011
Chart 3.5
1,650 1,600 1,550 1,500 1,450 1,400 1,350 1,300 1,250 1,200 1,150
III
Chart 3.4 Government financial deficit (-) incl. change in unmet financing requirements (During period) In Afl. million
II
II 2010
Government financial deficit (-) (During period)
I
I
2011
Chart 3.3
60 40 20 0 -20 -40 -60 -80 -100 -120 -140
440 420 400 380 360 340 320 300 280 260 240
IV
2011
59 58 57 56 55 54 53 52 51 50
I
II
III 2010
3-3
2011
IV
Chart 3.9
Chart 3.10 Taxes on income (During period)
Taxes on commodities (During period) 36 32
24
In Afl. million
In Afl. million
28
20 16 12 8
28 24 20 16 12
Jan Feb Mar Apr May Jun 2010
Jul Aug Sep
2011
8
Oct Nov Dec
Jan Feb Mar Apr May Jun
2012
2010
Chart 3.11
Jul Aug Sep
2011
Oct Nov Dec
In Afl. million In Afl. million
180 170 160 150 140 I
II
III 2010
Jan Feb Mar Apr May Jun 2010
190
130
22 20 18 16 14 12 10 8 6 4 2
2012
Chart 3.13 Wage expenditures - consisting of wages, employer's contribution and wage subsidies (During period)
IV
Jul Aug Sep
2011
Oct Nov Dec
2012
Chart 3.14 Number of government employees (End of period) 4,240 4,220 4,200 4,180 4,160 4,140 4,120 4,100 4,080
I
II
2011
III 2010
Chart 3.15
IV
2011
Chart 3.16 Goods and services (During period)
Interest (During period) 48 In Afl. million
In Afl. million
2012
Nontax revenue (During period)
In Afl. million Jan Feb Mar Apr May Jun 2010
75 70 65 60 55 50 45 40 35
2011
Oct Nov Dec
Chart 3.12 Foreign exchange tax (During period)
9 8 7 6 5 4 3 2 1
Jul Aug Sep
44 40 36 32 28
I
II
III 2010
24
IV
2011
I
II
III 2010
3-4
2011
IV
26 24 22 20 18 16 14 12 10
Chart 3.18 Transfer to AZV (During period)
In Afl. million
In Afl. million
Chart 3.17 Investments (incl. development fund spending) (During period)
I
II
III 2010
IV
2011
In Afl. million
Expenditure on a cash adjusted basis (During period)
I
II
III 2010
I
II
III 2010
Chart 3.19
390 380 370 360 350 340 330 320 310 300
65 60 55 50 45 40 35 30 25 20 15
IV
2011
3-5
2011
IV
4. External sector
Chart 4.1
Chart 4.2 Overall balance of payments
Overall balance of payments - oil sector
80 In Afl. million
In Afl. million
40 0 -40 -80 -120 -160
I
II
III 2010
IV
100 In Afl. million
In Afl. million
2011
Current account
0 -100 -200 -300 -400 -500
I
II
III
-600
IV
I
II
2011
III 2010
IV
2011
Chart 4.6 Current account - non-oil sector
600 In Afl. million
400 In Afl. million
IV
Chart 4.4
Current account - oil sector
200 0 -200 -400 I
II
III 2010
IV
200 150 100 50 0 -50 -100 -150 -200 -250 -300 -350
I
II
2011
III 2010
Chart 4.7
IV
2011
Chart 4.8 Capital and financial account
Capital and financial account - oil sector 600 400 In Afl. million
In Afl. million
III 2010
Chart 4.5
600 500 400 300 200 100 0 -100 -200 -300
II
200
2010
-600
I
2011
Chart 4.3 Overall balance of payments - non-oil sector 60 40 20 0 -20 -40 -60 -80 -100 -120 -140 -160
40 20 0 -20 -40 -60 -80 -100 -120 -140
200 0 -200 -400
I
II
III 2010
-600
IV
2011
I
II
III 2010
4-3
2011
IV
Chart 4.9 Capital and financial account - non-oil sector
Chart 4.10 Import payments of goods
400 In Afl. million
In Afl. million
300 200 100 0 -100 -200
I
II
III 2010
IV
III
IV
In Afl. million
500 480 460 440 420 400 380 360 340 320 300
IV
Import payments of services - oil sector 70
400
60
380
50
In Afl. million
In Afl. million
III 2011
Chart 4.14 Import payments of services
360 340 320 300
40 30 20 10
280 I
II
III 2010
0
IV
I
II
2011
III 2010
Chart 4.15 Import payments of services - non-oil sector
IV
2011
Chart 4.16 Import payments of goods and services 4,500 4,000 In Afl. million
In Afl. million
IV
2011
II 2010
420
350 340 330 320 310 300 290 280 270 260
I
2011
Chart 4.13
260
III
Chart 4.12 Import payments of goods - non-oil sector
In Afl. million II 2010
II 2010
Import payments of goods - oil sector
I
I
2011
Chart 4.11 3,600 3,200 2,800 2,400 2,000 1,600 1,200 800 400 0
4,000 3,600 3,200 2,800 2,400 2,000 1,600 1,200 800 400 0
3,500 3,000 2,500 2,000 1,500 1,000
I
II
III 2010
500
IV
2011
I
II
III 2010
4-4
2011
IV
Chart 4.18 Import payments of goods and services - non-oil sector
3,500
840
3,000
800
2,500
In Afl. million
In Afl. million
Chart 4.17 Import payments of goods and services - oil sector
2,000 1,500 1,000
760 720 680 640
500 0
I
II
III 2010
600
IV
2011
Merchandise import coverage ratio (Twelve month average)
14 13
In months
In months
IV
Chart 4.20
15
12 11 10 9 I
II
III 2010
IV
12.4 12.0 11.6 11.2 10.8 10.4 10.0 9.6 9.2 8.8
I
II
2011
III 2010
Chart 4.21
IV
2011
Chart 4.22 Current account import coverage ratio (Twelve month average)
In months
Current account import coverage ratio (End of period)
In months
III 2010
Merchandise import coverage ratio (End of period)
7.5 7.0 6.5 6.0 5.5 5.0 4.5 4.0 3.5 3.0
II
2011
Chart 4.19
8
I
I
II
III 2010
IV
2011
6.6 6.4 6.2 6.0 5.8 5.6 5.4 5.2 5.0 4.8 4.6 4.4
I
II
III 2010
4-5
2011
IV
5. Macroprudential indicators
Chart 5.1
Chart 5.2 Capital/risk-weighted assets ratio
Loan/deposit ratio
23
74
22
72 70
20
Ratio
Ratio
21 19
66
18
64
17 16
Jan Feb Mar Apr May Jun 2010
Jul Aug Sep
2011
62
Oct Nov Dec
2012
Prudential liquidity ratio 32 31
Ratio
30 29 28 27 26 25 Jan Feb Mar Apr May Jun 2010
Jul Aug Sep
2011
Jan Feb Mar Apr May Jun 2010
Chart 5.3
24
68
Oct Nov Dec
2012
5-3
Jul Aug Sep
2011
2012
Oct Nov Dec
24.0 23.0 22.0 21.0 20.0 19.0 18.0 17.0 16.0 15.0
16.0 14.0 12.0 10.0 8.0 6.0 4.0 I
II 2010
III 2011
2.0
IV
II 2010
III 2011
IV
2012
Chart 5.7 Nonperforming loans-individuals mortgage Commercial banks
20.0
5.0
18.0
4.8 In percent
16.0 14.0 12.0 10.0
4.6 4.4 4.2 4.0
8.0 6.0
I
II 2010
III 2011
3.8
IV
I
II
2012
2010
Chart 5.8
III 2011
IV
2012
Chart 5.9 Nonperforming loans-individual other Commercial banks
10.0 9.6 9.2 8.8 8.4 8.0 7.6 7.2 6.8
Nonperforming loans-total loans Commercial banks
In percent
In percent
I
2012
Chart 5.6 Nonperforming loans-commercial mortgages Commercial banks
In percent
Chart 5.5 Nonperforming loans-commercial term loans Commercial banks
In percent
In percent
Chart 5.4 Nonperforming loans-commercial current account Commercial banks
I
II 2010
III 2011
IV
11.0 10.5 10.0 9.5 9.0 8.5 8.0 7.5 7.0
I
II
2012
2010
III 2011
IV
2012
Chart 5.10 Commercial banks - nonperforming loans (Monthly figures) 24.0 Commercial current account Commercial term loan Commercial mortgages Individual mortgages Individual other Total gross loans
In percent
20.0 16.0 12.0 8.0 4.0 0.0
Jan
Mar May Jul 2009
Sep Nov Jan
Mar May Jul 2010
Sep Nov Jan
Mar May
Jul 2011
5-4
Sep Nov Jan Mar May
Jul 2012
Sep Nov
Chart 5.11 Nonperforming loans Commercial banks & banklike institutions 32.0 Commercial current account Commercial term loan Commercial mortgages Inidividual mortgages Inidividual other Total gross loans
28.0 In percent
24.0 20.0 16.0 12.0 8.0 4.0 0.0
I
II
2009
III
IV
I
II
2010
III
IV
I
5-5
II
2011
III
IV
I 2012
6. Composite indicators
Chart 6.1
Chart 6.2 Index monthly indicators of consumption
Index quarterly indicators of consumption
64
80
60
76 72 Index
Index
56 52 48
64 60
44 40
68
56 Jan Feb Mar Apr May Jun 2009
Jul Aug Sep
2010
52
Oct Nov Dec
2009
Jul Aug Sep Oct Nov Dec
2010
102 100 98 96 94 92 90 88 86 84 82
I
2011
2011
III 2010
IV
2011
Chart 6.6 Index of export indicators
Index of indicators of imports
128
108
124
106
120
104
116
Index
Index
II 2009
Chart 6.5
112
102 100
108
98
104 100
I
II 2009
III 2010
96
IV
I
2011
II 2009
Chart 6.7
III 2010
IV
2011
Chart 6.8 Index of Economic Indicators
Partial economic activity index (Percentage change compared to the corresponding period a year earlier)
96
Percentage change
92 88 Index
2010
IV
Index quarterly indicators of investment
Index Jan Feb Mar Apr May Jun 2009
84 80 76 72
III
Chart 6.4 Index monthly indicators of investment
Index
II
2011
Chart 6.3 105 100 95 90 85 80 75 70 65 60
I
I
II 2009
III 2010
6.0 4.0 2.0 0.0 -2.0 -4.0 -6.0
IV
2011
I
II 2009
6-3
III 2010
2011
IV
Chart 6.9
Chart 6.10 Current business perception index
Short-term perception index
106 104 100
Index
Index
102 98 96 94 92
I
II 2009
III 2010
IV
2011
Business perception index 106 104 Index
102 100 98 96 94 I
II 2009
III 2010
I
II 2009
Chart 6.11
92
108 106 104 102 100 98 96 94 92 90
IV
2011
6-4
III 2010
2011
IV
7. International environment
Chart 7.1
Chart 7.2 All commodities index - World
Non fuel commodity index - World (2000 = 100)
220 210 200 190 180 170 160 150 140 130
210 200 190 Index
Index
(2000 = 100)
180 170 160 150
Jan Feb Mar Apr May Jun 2010
140
Jul Aug Sep Oct Nov Dec
2011
Jan Feb Mar Apr May Jun
2012
Chart 7.3
2010
Jul Aug Sep Oct Nov Dec
2011
Jul Aug Sep Oct Nov Dec
2011
2012
Chart 7.6 Consumer confidence index - USA 80 76 Index
72 68 64 60 56 Jan Feb Mar Apr May Jun
Index
2010
52
Jul Aug Sep Oct Nov Dec
2011
Jan Feb Mar Apr May Jun
2012
Chart 7.7
2010
Jul Aug Sep
2011
Oct Nov Dec
2012
Chart 7.8 Unemployment rate - USA (Seasonally adjusted)
US index of leading economic indicators (2004 = 100)
10.0
120
9.6
118 116
9.2
Index
Percent of labor lorce
Jan Feb Mar Apr May Jun 2010
Euro exchange rate (Period average)
In hundred
115 110 105 100 95 90 85 80 75 70
2012
Chart 7.5
8.8 8.4
114 112 110
8.0 7.6
2012
Oil prices (WTI) US$ per barrel
Jan Feb Mar Apr May Jun 2010
260 255 250 245 240 235 230 225 220 215
2011
Chart 7.4 Energy index - World (2000 = 100)
220 210 200 190 180 170 160 150 140 130
Jul Aug Sep Oct Nov Dec
108 Jan Feb Mar Apr May Jun 2010
106
Jul Aug Sep Oct Nov Dec
2011
2012
Jan Feb Mar Apr May Jun 2010
7-3
Jul Aug Sep Oct Nov Dec
2011
2012
Chart 7.9
Chart 7.10 Gold prices
Food price index (2000-2004 = 100)
1,700 1,600 1,500 Index
In US$ per troy ounce
1,800
1,400 1,300 1,200 1,100 1,000
Jan Feb Mar Apr May Jun 2010
Jul Aug Sep Oct Nov Dec
2011
2012
240 230 220 210 200 190 180 170 160
Jan Feb Mar Apr May Jun 2010
7-4
Jul Aug Sep Oct Nov Dec
2011
2012