Statistical Bulletin, October 2023

Summary

Title: Monthly Statistical Compilation of Monetary and Financial Variables of the Country (October 2023)

Introduction: The document, dated October 12, 2023, provides a comprehensive compilation of statistical series on key monetary and financial variables in the country. This report offers insights into the performance of the country’s economy, financial markets, and monetary policy.

Monetary Variables:

The report commences by presenting data on monetary aggregates, including M1, M2, and M3. The data suggests a moderate expansion in the money supply, driven primarily by growth in M2 and M3.
The report also provides information on interest rates, with the policy rate remaining unchanged for the sixth consecutive month. The yields on government securities have also been stable, with a slight increase in short-term rates.

Financial Variables:

The compilation includes statistical series on the stock market, displaying a moderate increase in the overall index, driven largely by gains in the technology and healthcare sectors.
The report also presents data on foreign exchange markets, revealing a slight appreciation of the national currency against the US dollar.
The compilation contains information on credit and deposit balances, indicating a mild growth in lending and deposits.

Economic Indicators:

The report presents data on key economic indicators, such as GDP, inflation, and employment. The data suggests a moderate growth in GDP, driven primarily by expansions in the services and industrial sectors. Inflation remains stable, while employment numbers have exhibited a slight increase.

Fiscal and Financial Highlights:

The compilation includes information on government revenues and expenditures, displaying a slight increase in fiscal deficits.
The report also presents data on foreign reserves, illustrating a moderate decrease due to overseas investment withdrawals.

Conclusion: The monthly statistical compilation provides a comprehensive overview of monetary and financial variables in the country, offering insights into the performance of the economy and the effectiveness of monetary policy. The data suggests a moderate growth in the money supply, a stable interest rate environment, and mild expansions in the stock market and foreign exchange markets.

Relevance: This document is of significant interest to policymakers, economists, and financial analysts seeking to understand the dynamics of the country’s economy, financial markets, and monetary policy.

Please note that this summary is based on my analysis of the provided document, and I do not claim to have any additional or specialized knowledge regarding the subject matter.