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Preliminary table Main Economic Indicators 2011-2015 (March 2012)

This document is in dutch only!

Short-term forecast, 1 March 2012

Preliminary table Main Economic Indicators of the upcoming Central Economic Plan 2012, to be published on the 20nd of March 2012. The figures for 2014 and 2015 are based upon the updated version of the Economic Outlook 2011-2015.

Read the accompanying press release.

Preliminary table 'Extended main economic indicators', 2011-2015

International items
 20112012201320142015
Relevant world trade (vol. %)

4.0

-1 3/4

4 1/2

6

6

Import price goods (%)

5.5

2 1/2

1/4

0

-1/4

Export price competitors (%)

5.8

3 3/4

-1/4

1/2

1/2

Crude oil price (Brent, $)

111.3

111

111

111

111

Exchange rate (dollar p euro)

1.39

1.29

1.29

1.29

1.29

Long-term interest rate
(level in %)

2.9

2.3

2.7

3.0

3.3

Demand and foreign trade (volume)
 20112012201320142015
Gross domestic product
(GDP, economic growth) (%)

1.2

-3/4

1 1/4

1 1/2

1 1/2

Value gross domestic
product (GDP) (bln euro)

603.6

609

627

647

669

Private consumption (%)

-0.9

-1/2

1/2

1/2

1/4

Public demand (%)

0.6

-1

0

-1/4

-1/4

Gross fixed investment,
private non-residential (%)

7.2

-3 1/4

7 1/2

6 3/4

5 1/2

Exports of goods
(non-energy) (%)

4.3

-1 3/4

3 3/4

6 1/4

6 3/4

of which domestically
produced (%)

1.8

-1/2

3 1/2

4

4

re-exports (%)

6.3

-3

4

8 1/4

9 1/4

Imports of goods (%)

3.7

-1 3/4

3 1/4

5

5 3/4

Prices, wages and purchasing power
 20112012201320142015
Export price goods
(excluding energy) (%)

1.7

1/2

1/4

-1/4

-1/4

Price competitiveness (%)

-0.7

2 1/4

-3/4

0

0

Consumer prices (CPI) (%)

2.3

2 1/4

1 3/4

2

2 1/4

Consumer prices
(harmonised, HICP) (%)

2.5

2 1/4

1 1/2

1 3/4

2

Price of gross
domestic product (%)

1.4

1 3/4

1 1/2

1 3/4

1 3/4

Price of national
expenditure (%)

1.2

2 1/4

1 3/4

1 3/4

2

Contractual wages
market sector (%)

1.4

1 3/4

1 1/2

2

2 1/4

Compensation per full-time
employee market sector (%)

2.5

3 1/4

1 1/2

2 1/2

2 1/2

Gross wage Jones family
(in euro's)

33000

33000

33000

34000

34500

Purchasing power (Jones,
one-income household) (%)

-1.4

-2 1/4

-1/2

-1 1/2

-2

Purchasing power
(median, all households) (%)

-1.0

-1 3/4

0

-1/2

-1/2

Labour market (international definition 'labour force', unless stated differently)
 20112012201320142015
Population (x 1000 pers.)

16690

16765

16835

16835

16835

Labour force (15-74)
(x 1000 pers.)

8746

8890

8915

8915

8930

Employed labour force
(15-74) (x 1000 pers.)

8357

8395

8370

8375

8435

Unemployment
(x 1000 pers.)

389

500

545

535

495

Employed Persons
(15-74) (%)

-0.3

-1/4

0

1/4

3/4

Labour force
(15-74) (%)

0.0

1 3/4

1/4

0

1/4

Employed labour
force (15-74) (%)

0.0

1/2

-1/4

0

3/4

Unemployment rate
(% labour force)

4.5

5 1/2

6

6

5 1/2

Idem, national definition
(% labour force)

5.4

6 3/4

7 1/4

7 1/4

6 1/2

Market sector
 20112012201320142015
Production (%)

1.8

-1 1/2

1 3/4

2

2

Labour productivity (%)

1.5

-3/4

2 1/2

2 1/4

1 1/4

Employment
 (labour years) (%)

0.2

-3/4

-3/4

0

1/2

Price gross value added (%)

0.5

3/4

1

1

1/2

Real labour costs (%)

2.0

2 1/4

1/4

1 1/2

2

Labour share in
enterprise income
 (level in %)

78.6

81 1/2

79 1/4

78 1/2

79

General government
 20112012201320142015
General government financial
balance (% GDP)

-5.0

-4.5

-4.5

-4.1

-3.3

Gross debt general
government (% GDP)

65.4

69.7

73.0

74.9

75.8

Taxes and social security
contributions (% GDP)

38.2

38.8

38.6

39.0

39.3

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