Country Report Benin April 2008

Outlook for 2008-09: Forecast summary

Benin: forecast summary
(% unless otherwise indicated)
Real GDP growth3.
Gross agricultural production growth2.
Consumer price inflation (av)3.8c1.3c1.42.0
Central Bank discount rated4.3c4.3c4.34.0
Government balance (% of GDP)-2.5-4.6-4.4-4.1
Exports of goods fob (US$ m)501.2584.7760.2855.5
Imports of goods fob (US$ m)885.91,095.11,270.81,337.0
Current-account balance (US$ m)-329.1-452.8-443.0-423.3
Current-account balance (% of GDP)-7.0-8.2-7.2-7.0
Exchange rate CFAfr:US$ (av)522.9c479.3c450.1494.1
Exchange rate CFAfr:¥100 (av)449.9c406.9c441.2514.7
Exchange rate CFAfr:€ (av)656.0c656.0c656.0656.0
a Economist Intelligence Unit estimates. b Economist Intelligence Unit forecasts. c Actual. d End-period.

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