Preliminary 2000-01 Forecasts and Medium-Term Projections |
| The table below sets out the major economic parameters used in preparing the
revised Budget estimates over the forward estimates period. The parameters comprise the
forecasts for 1999-2000 and 2000-01, and medium-term projections for the following two
financial years. The projections for economic growth in the outyears are based on analysis
of underlying trends, while the projections for inflation are consistent with the
mid-point of the medium-term inflation target band. Major Economic Parameters (percentage change from previous year)
(a) Labour Force Survey basis. |