Country Report Syria March 2011

Data and charts: Quarterly data

	2008	2009				2010
	4 Qtr	1 Qtr	2 Qtr	3 Qtr	4 Qtr	1 Qtr	2 Qtr	3 Qtr
Prices
Consumer prices (2000=100)	137.4	134.8	133.8	135.9	138.4	140.3	139.4	140.4
Consumer prices (% change, year on year)	16.7	6.9	1.8	1.1	0.7	4.1	4.2	3.3
Financial indicators
Exchange rate S£:US$ (av)	46.7	47.3	47.4	46.3	45.7	45.8	46.9	46.7
M1 (end-period; S£ bn)	825.9	823.9	843.4	926.3	912.3	949.6	1030.0	1053.1
M1 (% change, year on year)	12.9	9.0	6.5	10.0	10.5	15.3	22.1	13.7
M2 (end-period; S£ bn)	1,656	1,669	1,682	1,783	1,808	1,856	1,933	1,968
M2 (% change, year on year)	25.2	10.5	6.0	7.7	9.2	11.2	14.9	10.4
Sectoral trends
Crude oil production (m barrels/day)	0.41	0.38	0.37	0.37	0.37	0.37	0.37	0.37
Crude oil production (% change, year on year)	12.0	3.7	-1.8	-4.4	-8.8	-2.5	-0.4	-1.0
Foreign trade (US$ m)a
Exports fob	3,537	2,271	3,100	3,073	2,908	3,107	4,170	3,759
Imports cif	6,739	4,771	5,517	5,851	6,307	5,446	6,223	6,474
Trade balance	-3,202	-2,500	-2,417	-2,778	-3,399	-2,339	-2,054	-2,715
a Direction of Trade Statistics estimates.
Sources: Central Bank of Syria; International Energy Agency, Oil Market Report; IMF, International Financial Statistics, Direction of Trade Statistics.

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