Pakistan economic indicators on January 17
======================================================================
DAILY INDICATORS
----------------------------------------------------------------------
SATURDAY PREVIOUS
======================================================================
Floating Interbank Rate (Rs/$) 59.44/59.46 59.41/59.43
Rupee/US $ (kerb market) 59.80/59.85 59.80/59.90
Karachi 100-share index 6,559.83 6,424.80
Gold (Karachi) Rs/10 gm 8,255 8,228
Silver.999 (Rs/kg) 11,570 11,570
----------------------------------------------------------------------
CENTRAL BANK AUCTIONS
----------------------------------------------------------------------
Treasury Bills Auction Results:
----------------------------------------------------------------------
Cut-off Yield (pct) at auction on: Dec 22 Nov 24
----------------------------------------------------------------------
Three-months bills 3.9462 3.8578
12-months bills rejected 4.4946
----------------------------------------------------------------------
Jan 5 Dec 8
----------------------------------------------------------------------
Six-month bills 4.3228 rejected
----------------------------------------------------------------------
Pakistan Investment Bond (PIB) Auction Results:
----------------------------------------------------------------------
Cut-off Yield (pct) at auction on: Nov 11 Aug 17
----------------------------------------------------------------------
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 Jan 8 Jan 1
----------------------------------------------------------------------
Total liquid frx reserves $11.859 bln $11.963 bln
Forex held by central bank $9.079 bln $9.185 bln
Forex held by other banks $2.780 bln $2.778 bln
----------------------------------------------------------------------
MONTHLY INDICATORS
----------------------------------------------------------------------
LAST PVS
----------------------------------------------------------------------
Consumer price index
Change mth/mth (pct) Dec -0.85 1.12
Change Yr/Yr (pct) Dec 7.37 9.26
Wholesale price index
Change mth/mth (pct) Dec -0.25 0.39
Change Yr/Yr (pct) Dec 4.19 5.90
Trade Balance (FBS) Dec $-540 mln $-1.091 bln
Exports (FBS) Dec $1.12 bln $897.43 mln
Imports (FBS) Dec $1.66 bln $1.988 bln
----------------------------------------------------------------------
ANNUAL INDICATORS+6
----------------------------------------------------------------------
FISCAL YEAR 2003/04 2002/03
----------------------------------------------------------------------
Population (millions) 148.72 145.96
Per capita income (market prices) $652 $582
External debt (medium & long term) $36.2 bln $36.011 bln
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
======================================================================