Pakistan economic indicators on August 01
======================================================================
DAILY INDICATORS
----------------------------------------------------------------------
SATURDAY PREVIOUS
======================================================================
Floating Interbank Rate (Rs/$) 59.63/59.65 59.63/59.64
Rupee/US $ (kerb market) 60.45/60.50 60.45/60.50
Karachi 100-share index 7,178.93 7,215.44
Gold (Karachi) Rs/10 gm 8,483 8,464
Silver.999 (Rs/kg) 16,500 16,500
----------------------------------------------------------------------
CENTRAL BANK AUCTIONS
----------------------------------------------------------------------
Treasury Bills Auction Results:
----------------------------------------------------------------------
Cut-off Yield (pct) at auction on: July 20 July 06
----------------------------------------------------------------------
Three-months bills 7.6946 7.6946
12-months bills 8.6959 8.6959
Six-month bills 7.9869 7.9869
----------------------------------------------------------------------
Pakistan Investment Bond (PIB) Auction Results:
----------------------------------------------------------------------
Cut-off Yield (pct) at auction on: Mar 26 Nov 11
----------------------------------------------------------------------
Six pct coupon, three-Year PIB rejected rejected
Seven pct coupon, five-Year PIB rejected rejected
Eight pct coupon, 10-Year PIB rejected rejected
----------------------------------------------------------------------
June 9 Jan 19
----------------------------------------------------------------------
Nine pct coupon, 15-Year PIB 8.99 7.80
10 pct coupon, 20-Year PIB 9.99 8.80
----------------------------------------------------------------------
WEEKLY INDICATORS
----------------------------------------------------------------------
Week ending July 23 July 16
----------------------------------------------------------------------
Total liquid frx reserves $12.659 bln $12.670 bln
Forex held by central bank $9.861 bln $9.857 bln
Forex held by other banks $2.798 bln $2.813 bln
----------------------------------------------------------------------
MONTHLY INDICATORS
----------------------------------------------------------------------
LAST PVS
----------------------------------------------------------------------
Consumer price index
Change mth/mth (pct) June 0.10 -0.44
Change Yr/Yr (pct) June 8.74 9.84
Wholesale price index
Change mth/mth (pct) June 0.71 -0.59
Change Yr/Yr (pct) June 6.16 6.03
Trade Balance (FBS) June $-700 mln $-648.73 mln
Exports (FBS) June $1.541 bln $1.385 bln
Imports (FBS) June $2.241 bln $2.033 bln
----------------------------------------------------------------------
ANNUAL INDICATORS
----------------------------------------------------------------------
FISCAL YEAR 2003/04 2002/03
----------------------------------------------------------------------
Population (millions) 148.72 145.96
Per capita income $652 $582
External debt (billion dlr) **35.846 35.474
F.Debt service as pct to export earning N/A 28.8
Domestic debt (billion rupees) 2,028.4 1,879.2
Total domestic debt as pct of GDP 37.2 39.0
Gross domestic product growth 6.4 pct 5.1 pct
Average consumer price inflation 4.57 pct 3.10 pct
Fiscal deficit (pct of GDP) 3.9 4.6
Trade balance (FBS July-June) -$3.20 bln - $1.06 bln
Exports $12.27 bln $11.16 bln
Imports $15.47 bln $12.22 bln
Current a/c balance **$1.84 bln $5.256 bln
Manufacturing sector growth 13.4 pct 6.9 pct
Services sector growth 5.2 pct 5.3 pct
Agricultural sector growth 2.6 pct 4.7 pct
======================================================================