| {"doc_id": "0267ee36f9ecd87c350e5a393a520f28", "text": "[Date] \n \n \n \n \nMAY 2015 \n \n \ni \n \nMONTHLY ECONOMIC REVIEW \nTABLE OF CONTENTS \nSELECTED ECONOMIC INDICATORS ________________________________________ 1 \nSTOCK MARKET DEVELOPMENTS __________________________________________ 2 \nMONETARY DEVELOPMENTS ______________________________________________ 2 \nINFLATION OUTTURN ______________________________________________________ 4 \nAnnual Inflation __________________________________________________________________ 4 \nMonthly Inflation _________________________________________________________________ 5 \nNATIONAL PAYMENTS SYSTEM ____________________________________________ 5 \nZimbabwe Electronic Transfer Settlement System (ZETSS) ______________________________ 5 \nCard Based Transactions ___________________________________________________________ 5 \nMobile and Internet Based Transactions ______________________________________________ 5 \nCheque Transactions ______________________________________________________________ 6 \n \n \n \n \n \n \n1 \n \nMONTHLY ECONOMIC REVIEW \n \n \n \n2015 \nApril \n2015 \nMay \nMonth-on- \nMonth \nChange \nZ.S.E. Mining Index1 \n42.93 \n44.45 \n3.54% \nZ.S.E. Industrial Index1 \n156.23 \n152.96 \n-2.09% \nMoney Supply (US$)2 \n4 438.84 million 4 487.97 million \n1.11% \nMoney Supply (M3) Annual Growth2 \n4.93% \n3.75% \n \nYearly Inflation3 \n-2.65% \n-2.70% \n \nMonthly Inflation3 \n \n-0.89% \n \n \n-0.19% \n \n \nNominal Lending Rate \n4.3-31.00% \n5.0-31.00% \n \nSources: \n1 Zimbabwe Stock Exchange (ZSE) \n2 Reserve Bank of Zimbabwe (RBZ) \n3 Zimbabwe National Statistics Agency \n(ZIMSTAT) \n \n \n \nSELECTED ECONOMIC INDICATORS \n \n \nMONTHLY ECONOMIC REVIEW \n2 \n \nSTOCK MARKET DEVELOPMENTS \nGlobal stock markets registered mixed performances \nin the month of May 2015. The US stock markets \nwere buoyed by expectations of an interest rate \nincrease by the Federal Reserve Bank. European \nstock markets were lower largely because of \nuncertainty \nsurrounding \nGreece’s \ncontinued \nmembership of the Economic and Monetary Union \n(EMU) of European countries. \nMost African stock markets recorded losses during \nthe month under review. Kenyan, South African and \nNigerian stock markets declined by 6.0%, 4.1% and \n1.1%, respectively. Losses in Kenya were largely due \nto profit taking. South African losses were attributed \nto expectations that the Federal Reserve Bank of \nAmerica was likely to raise interest rates. \nBearish conditions continued on the Zimbabwe stock \nmarket, with the industrial index declining from \n156.26 points in April 2015, to 152.96 points in May \n2015. Over the same period, however, the mining \nindex rose by 3.54% to 44.45 points from 42.93 \npoints. \n \n \nThe decline in the industrial index largely reflected \nlosses in Powerspeed, Cafca and OK Zimbabwe. The \nmining index was buoyed by gains in Riozim. The \nmining entity’s share price gained after it announced \nplans to produce at least 40kgs of gold per month \nfrom its mining unit, Cam and Motor mine which re-\nstarted operations in March 2015. \nTrading \nvolumes \ndeclined \nby \n48.51% \nfrom \n563.83 million shares in April 2015, to 290.32 million \nshares in May 2015. Market turnover also declined \nfrom US$29.19 million in April 2015, to US$23.28 \nmillion in May 2015. \n \n \nSource: Zimbabwe Stock Exchange, 2015 \nMarket \ncapitalisation \nfurther \ndeclined \nfrom \nUS$4 066.07 million in April 2015, to US$3 978.1 \nmillion May 2015, as a result of subdued activity in \nthe market. \n \n0\n50\n100\n150\n200\n250\n30-Aug-12\n30-Nov-12\n28-Feb-13\n31-May-13\n31-Aug-13\n30-Nov-13\n28-Feb-14\n31-May-14\n31-Aug-14\n30-Nov-14\n28-Feb-15\n31-May-15\nFigure 1: ZSE Indices\nIndustrial\nMining\n0.00\n0.50\n1.00\n1.50\n2.00\n2.50\n3.00\n3.50\n4.00\n4.50\n0.00\n20.00\n40.00\n60.00\n80.00\n100.00\n120.00\n140.00\n04-May-15\n06-May-15\n08-May-15\n10-May-15\n12-May-15\n14-May-15\n16-May-15\n18-May-15\n20-May-15\n22-May-15\n24-May-15\n26-May-15\n28-May-15\nVALUES TRADED (US$ MILLIONS)\nVOLUMES TRADED (MILLIONS)\nFigure 2: ZSE: Daily Volumes and \nFigure 2: ZSE: Daily Volumes and Values Traded\nValues Traded\nVolume\nTurnover\nSource: Zimbabwe Stock Exchange, 2015 \n \n \nMONTHLY ECONOMIC REVIEW \n3 \n \nMONETARY DEVELOPMENTS \n \nAnnual broad money1 supply growth further \ndecelerated from 4.93% in April to 3.75% in May \n2015. On a monthly basis, broad money rose by \n1.11% to US$4 487.97 million in May, from \nUS$4 438.84 million in April 2015. \n \nSource: Reserve Bank of Zimbabwe, 2015 \nThe annual growth in broad money continued to be \nunderpinned by increases in long term deposits, \n33.70%; and savings deposits, 18.43%. Partially \noffsetting these increases were declines in demand \ndeposits of 6.05% and 4.31% in short term deposits. \nThe \nstructure \nof \ndeposits \nremained \nlargely \nunchanged, with demand deposits accounting for \n \n1 Broad money is made up of the consolidated deposits of the entire banking sector which amounted \nto US$4.5 billion in May 2015. The process of consolidation entails netting off of all interbank \ntransactions, including intra-sectoral deposits. Broad money computation, also nets out \ngovernment and non-resident deposits. \n46.42%; long term, 20.73%; short term, 18.86%; and \nsavings deposits, 13.98% of total deposits. \n \n \nTotal banking sector credit to the domestic economy \nincreased by 16.42% to US$4 817.88 million in May \n2015, from US$4 529.78 million in April 2015. \nOn a year-on-year basis, growth in credit to the \nprivate sector was 4.78% in May 2015, up from \n4.65% in April 2015. The monthly growth in credit to \nthe private sector posted a marginal increase to 0.02% \nUS$3 762.97 million in May 2015, from US$3 762.04 \nmillion in April 2015. \nDuring the month of May 2015, loans and advances \nconstituted 82.47% of the total credit to the private \nsector, followed by mortgages advanced by building \nsocieties, 11.92%; other investments, 3.93%; \n \n-5\n0\n5\n10\n15\n20\n25\n30\n 3.4\n 3.6\n 3.8\n 4.0\n 4.2\n 4.4\n 4.6\nNov\nJan\nMar\nMay\nJul\nSep\nNov\nJan\nMar\nMay\nJul\nSep\nNov\nJan\nMar\nMay\n%\nUS$ BILLIONS\nFigure 3: Money Supply\nFigure 3: Money Supply\nM3\nM3 Annual Growth\nShort \nTerm\n19%\nLong Term \n21%\nDemand\n46%\nSavings\n14%Figure 4: Banking Sector Deposits\nFigure 4: Banking Sector DepositsMay 2015\nMay 2015\nSource: Reserve Bank of Zimbabwe, 2015 \n \n \nMONTHLY ECONOMIC REVIEW \n4 \n \nbankers’ acceptances, 0.90%; and bills discounted, \n0.78%. \n \nSource: Reserve Bank of Zimbabwe, 2015 \nOn a sectoral basis, credit was distributed as follows: \nagriculture \n(18.86%); \nservices \n(17.82%); \nmanufacturing (15.05%); distribution (14.92%); \nmining (6.28%); transport and communications \n(3.10%); and construction (1.03%). Consumptive \nborrowing by households remained high at 18.33% of \ntotal credit to the private sector in May 2015. \nCredit to the private sector was mainly channelled \ntowards asset purchases, 45.84%; inventory build-up, \n33.84%; consumer durables, 11.15%; and vehicle \npurchases, 3.02%. The proportion of borrowed funds \nutilised for capital development remained low at \n5.15% of total loans and advances. In terms of \nallocation, the procurement of plant and equipment, \nland development, and office equipment, accounted \nfor 3.68%, 0.79% and 0.52%, respectively, of total \nloans and advances. \nINFLATION OUTTURN \n \nAnnual Inflation \nAnnual headline inflation, which has been negative \nsince October 2014, decelerated further to -2.70% in \nMay 2015, from -2.65% in April 2015. This was on \naccount of the continued decline in both food and \nnon-food prices. \n \nSource: ZIMSTAT, 2015 \nAnnual food inflation declined further from -2.9% in \nApril 2015, to -3.0% in May 2015, largely weighed \ndown by declines in the prices of vegetables, bread \nand cereals, meat, and oils and fats, among other food \nitems. \nThe decline in meat prices was partly on account of \nan increase in the supply of beef, goat, live chicken \nand processed meat. Increases in the supply of beef \nand goat meat could be attributed to destocking, \nfollowing the depletion of pastures due to the low \nrainfall received during the 2014/15 agricultural \nseason. \nLoans & Advances\n82.47%\nBills \nDiscounted\n0.78%\nBankers \nacceptances\n0.90%\nOther \ninvestments\n3.93%\nMortgages\n11.92%Figure 5: Credit to Private Sector\nFigure 5: Credit to Private SectorMay 2015\nMay 2015\n-4\n-3\n-2\n-1\n0\n1\n2\n3\n4\n5\n6\nMay-13\nJun-13\nJul-13\nAug-13\nSep-13\nOct-13\nNov-13\nDec-13\nJan-14\nFeb-14\nMar-14\nApr-14\nMay-14\nJun-14\nJul-14\nAug-14\nSep-14\nOct-14\nNov-14\nDec-14\nJan-15\nFeb-15\nMar-15\nApr-15\nMay-15\nJun-15\nFigure 6: Annual Inflation \n(%)\nHeadline Inflation\nFood\nNon Food\n \n \nMONTHLY ECONOMIC REVIEW \n5 \n \nAnnual non-food inflation stood at -2.6% in May \n2015, down from -2.5% in April 2015. The decline \nwas \nmainly \non \nthe back \nof \ndecreases in \ncommunication; housing, water, electricity, gas & \nother fuels; education; furniture and equipment; \ntransport and clothing and footwear, among others. \nThis could be attributed to slackening aggregate \ndemand as incomes fall, on the back of continuing job \nlosses resulting from company downsizing and \nclosures. \nPartially offsetting the decreases in the annual non-\nfood inflation were increases in alcoholic beverages \nand tobacco and health services. \n \nMonthly Inflation \nMonth-on-month inflation remained in negative \nterritory, increasing to -0.19% in May 2015, from \n-0.89% in April 2015. Increases in both food and non-\nfood inflation were registered during the period under \nreview. \nMonth-on-month food inflation rose to -0.4% in May \n2015, from -0.6% in April 2015. Similarly, monthly \nnon-food inflation accelerated to -0.1% in May 2015, \nfrom -1.0% in April 2015, driven by increases in \nhousing, water, electricity, gas and other fuels and \nhealth services. Declines in clothing and footwear; \nfurniture and household equipment; transport and \nalcoholic beverages and tobacco, however, partially \noffset the increases. \nIn the short term, domestic prices are expected to \nremain subdued as reflected by the trend of the \nquarterly annualized inflation, which has been in \nnegative territory since July 2014 \n \n \n \n \n \nNATIONAL PAYMENTS SYSTEM \n \nZimbabwe Electronic Transfer Settlement \nSystem (ZETSS) \nThe value of transactions processed through the \nRTGS system in May 2015 decreased by 12% to \nUS$3.5 billion, from US$3.9 billion recorded in April \n2015. During the same period, the volume of \ntransactions registered a decline of -0.3%, from \n180,335 to 179,761. \nSource: Reserve Bank of Zimbabwe, 2015 \n \nCard Based Transactions \nThe total value of card based transactions increased \nfrom US$433.66 million in April 2015, to US$455.4 \nmillion in May 2015. \n \nMobile and Internet Based Transactions \nThe total value of mobile and internet based \ntransactions increased from US$453.61 million in \nApril 2015, to US$514.5 million in May 2015. \n \n -\n 0.5\n 1.0\n 1.5\n 2.0\n 2.5\n 3.0\n 3.5\n 4.0\n 4.5\n 5.0\nMay-12\nSep-12\nJan-13\nMay-13\nSep-13\nJan-14\nMay-14\nSep-14\nJan-15\nMay-15\n -\n 50\n 100\n 150\n 200\n 250\nVALUE IN US$ BILLIONS\nVOLUME IN THOUSANDS\nFigure 7: Z\nFigure 7: ZETSS Volumes and Values\nValues\nVolume\nValue\n \n \nMONTHLY ECONOMIC REVIEW \n6 \n \nCheque Transactions \nIn terms of value, cheque transactions stood at, \nUS$13.08 million, an increase from US$10.81 \nmillion recorded in April 2015. \n \nRESERVE BANK OF ZIMBABWE \nJune 2015\n \n \n7 \n \nMONTHLY ECONOMIC REVIEW \nStatistical Tables \n \n \n1. Monetary Statistics \n \n1.1 Monetary Aggregates \n \n \n \n \n \n 9 \n \n1.2 Broad Money Survey \n \n \n \n \n \n10 \n \n1.3 Analysis of Monthly Changes in Money Supply \n \n11 \n \n1.4 Analysis of Yearly Changes in Money Supply \n \n \n12 \n \n 2. Sectoral Analysis of Bank Loans and Advances and Deposits \n \n2.1 Sectoral Analysis of Commercial Banks Loans and Advances 13 \n \n2.2 Sectoral Analysis of Commercial Banks Deposits \n \n14 \n \n \n \n3. External Statistics \n \n3.1 Total External Debt Outstanding by Debtor \n \n \n15 \n \n4. Interest Rates \n \n4.1 Lending Rates \n \n \n \n \n \n \n16 \n \n4.2 Banks Deposit Rates \n \n \n \n \n \n17 \n \n5. Inflation \n \n5.1 Monthly Inflation \n \n \n \n \n \n18 \n \n5.2 Yearly Inflation \n \n \n \n \n \n \n19 \n \n6. Exchange Rates \n \n \n \n \n \n \n \n20 \n \n7. Commercial Banks \n \n7.1 Assets \n \n \n \n \n \n \n \n21 \n \n7.2 Liabilities \n \n \n \n \n \n \n22 \n \n \nMONTHLY ECONOMIC REVIEW \n8 \n \n \n8. Merchant Banks \n \n8.1 Assets \n \n \n \n \n \n \n \n23 \n \n8.2 Liabilities \n \n \n \n \n \n \n24 \n \n 9. Building Societies \n \n9.1 Assets \n \n \n \n \n \n \n \n25 \n \n9.2 Liabilities \n \n \n \n \n \n \n26 \n \n10. Zimbabwe Stock Exchange Statistics \n \n \n \n \n27 \n \n11. Savings with Financial Institutions \n \n \n \n \n28 \n \n12. Analysis of Liquid Assets of Monetary Banks \n \n \n \n29 \n \n13. ZETSS, Cheques and Cards Activity \n \n \n \n \n \n \n13.1 Values of Transactions \n \n \n \n \n30 \n \n13.2 Volumes of Transactions \n \n \n \n \n31 \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n9 \n \nMONTHLY ECONOMIC REVIEW \n \n \n \n \n \n \n \nMay\nJune\nJuly\nAugust\nSeptember\nOctober\nNovember\nDecember\nJanuary\nFebruary\nMarch\nApril\nMay\nBond Coins\n0.0\n0.0\n0.0\n0.0\n0.0\n0.0\n0.0\n298.6\n567.1\n1,096.7\n1,294.0\n1,749.3\n2,316.7\nRBZ Demand Deposits\n71.9\n96.6\n95.9\n95.8\n93.7\n94.4\n94.0\n144.5\n714.7\n898.5\n545.0\n491.6\n340.2\nComm. Banks Dem. Deposits\n2,173,283.2\n2,120,102.4\n2,011,296.3\n2,084,005.9\n2,089,784.7\n2,162,566.6\n2,124,944.0\n2,121,401.6\n1,967,789.9\n1,978,595.1\n2,051,081.7\n1,990,235.2\n2,017,918.3\nMerchant Banks Dem. Deposits\n42,779.8\n42,779.8\n42,560.1\n36,379.5\n40,922.6\n39,909.5\n39,446.4\n36,942.7\n39,049.7\n38,382.5\n68,611.1\n63,935.0\n63,899.2\nM1\n2,216,134.9\n2,162,978.8\n2,053,952.3\n2,120,481.2\n2,130,801.0\n2,202,570.5\n2,164,484.4\n2,158,787.4\n2,008,121.3\n2,018,972.8\n2,121,531.8\n2,056,411.0\n2,084,474.4\nComm. Banks Savings Deposits\n223,445.3\n253,857.5\n236,942.8\n256,908.6\n272,392.1\n252,758.2\n250,745.7\n267,179.5\n282,832.4\n240,444.7\n230,198.0\n267,921.4\n275,167.8\nBuilding Soc. Savings Deposits\n241,398.4\n234,278.6\n228,203.4\n232,305.6\n230,155.7\n236,100.8\n253,699.7\n236,423.8\n233,498.2\n238,848.9\n244,746.0\n256,526.3\n280,947.9\nP O S B Savings Deposits\n64,831.6\n68,218.1\n68,388.5\n68,651.3\n68,147.5\n65,414.5\n70,142.9\n69,601.1\n70,144.8\n72,839.1\n75,993.4\n74,678.1\n71,195.6\nComm. Banks U-30 Day Deposits\n685,132.2\n669,439.9\n596,373.1\n629,496.8\n651,068.5\n686,998.0\n630,856.1\n654,559.9\n638,395.6\n574,946.1\n645,401.5\n607,334.3\n670,242.5\nMerchant Banks U-30 Day Deposits\n34,572.1\n33,202.1\n33,787.2\n40,442.4\n33,929.0\n33,679.6\n33,288.9\n31,176.0\n40,928.2\n40,362.2\n12,132.4\n0.0\n0.0\nBuilding Soc. U- 30 Day Deposits\n164,622.3\n175,432.1\n113,937.3\n126,458.5\n149,478.7\n116,270.3\n113,090.1\n144,211.5\n127,399.4\n149,834.6\n152,280.6\n189,428.7\n175,953.7\nM2\n3,630,137.0\n3,597,407.0\n3,331,584.7\n3,474,744.4\n3,535,972.5\n3,593,792.1\n3,516,307.8\n3,561,939.1\n3,401,319.9\n3,336,248.4\n3,482,283.7\n3,452,299.9\n3,557,981.9\nComm. Banks O-30 Day Deposits\n438,431.5\n489,568.8\n577,592.3\n516,231.3\n540,278.5\n492,200.3\n508,747.2\n449,703.8\n544,421.5\n597,685.2\n503,769.1\n618,804.9\n536,216.7\nMerchant Banks O-30 Day Deposits\n0.0\n0.0\n0.0\n0.0\n0.0\n0.0\n0.0\n0.0\n0.0\n0.0\n0.0\n0.0\n0.0\nBuilding Soc. O- 30 Day Deposits\n233,243.8\n212,224.9\n287,853.4\n304,479.1\n280,499.3\n337,930.1\n359,491.3\n365,334.8\n366,978.6\n375,166.9\n355,362.1\n340,739.4\n364,490.5\nBuilding Soc. Other Share Deposits\n11,266.6\n11,266.6\n11,266.6\n11,266.6\n11,266.6\n11,266.6\n11,266.6\n11,266.6\n11,266.6\n11,266.6\n11,266.6\n11,266.6\n11,266.6\nP O S B Time Deposits\n12,651.5\n13,098.6\n15,773.0\n15,354.3\n20,485.8\n22,070.6\n19,652.7\n15,174.4\n16,138.8\n17,519.8\n17,638.5\n15,733.8\n18,011.8\nM3\n4,325,730.4\n4,323,565.9\n4,224,069.9\n4,322,075.8\n4,388,502.7\n4,457,259.7\n4,415,465.6\n4,403,418.7\n4,340,125.3\n4,337,886.9\n4,370,320.0\n4,438,844.6\n4,487,967.5\n2014\n2015\nTABLE 1.1 : MONETARY AGGREGATES\n US$ Thousands\n \n \nMONTHLY ECONOMIC REVIEW \n10 \n \n \nMAY\nJUNE\nJULY\nAUGUST\nSEPTEMBER\nOCTOBER\nNOVEMBER\nDECEMBER\nJANUARY\nFEBRUARY\nMARCH\nAPRIL\nMAY\nNET FOREIGN ASSETS \n-585,616.7\n-595,417.7\n-701,074.2\n-627,733.6\n-536,234.0\n-598,846.1\n-767,824.4\n-719,401.4\n-714,190.6\n-763,306.5\n-565,959.3\n-636,028.1\n-681,066.5\n Assets\n1,190,209.8\n1,126,637.1\n1,027,150.0\n1,079,627.1\n1,105,902.8\n999,042.7\n827,514.2\n896,179.7\n830,959.4\n737,833.5\n816,079.6\n755,493.4\n811,200.4\n Reserve Bank (RBZ)\n410,904.2\n374,556.5\n327,295.3\n411,681.6\n620,484.9\n508,155.9\n334,534.3\n363,181.1\n356,661.9\n280,889.9\n282,170.1\n282,900.6\n303,218.6\n Deposit Money Banks (DMBs) \n700,802.8\n685,339.5\n623,693.1\n604,460.0\n414,981.4\n432,341.0\n416,989.8\n463,112.7\n405,880.7\n400,473.5\n469,563.3\n424,368.1\n418,721.9\n Other Banking Institutions (OBIs) \\1\n78,502.7\n66,741.0\n76,161.6\n63,485.5\n70,436.5\n58,545.8\n75,990.2\n69,886.0\n68,416.9\n56,470.0\n64,346.2\n48,224.7\n89,260.0\n Liabilities \\2\n-1,775,826.5\n-1,722,054.8\n-1,728,224.2\n-1,707,360.7\n-1,642,136.8\n-1,597,888.8\n-1,595,338.6\n-1,615,581.1\n-1,545,150.0\n-1,501,140.0\n-1,382,038.9\n-1,391,521.5\n-1,492,266.9\n RBZ\n1,152,736.3\n1,141,906.4\n1,136,091.5\n1,117,663.4\n1,037,740.5\n1,035,611.2\n1,030,053.8\n1,020,936.5\n1,007,096.0\n1,009,161.8\n858,095.4\n894,207.5\n868,931.4\n DMBs\n598,403.2\n545,347.3\n562,067.8\n553,968.9\n550,158.8\n508,060.2\n510,711.1\n540,423.0\n483,463.5\n438,356.5\n473,182.2\n448,998.0\n574,792.7\n OBIs\n24,687.0\n34,801.1\n30,065.0\n35,728.4\n54,237.5\n54,217.5\n54,573.7\n54,221.6\n54,590.6\n53,621.8\n50,761.3\n48,315.9\n48,542.8\nNET DOMESTIC ASSETS \n4,911,347.2\n4,918,983.6\n4,925,144.1\n4,949,809.4\n4,924,736.6\n5,056,105.8\n5,183,290.0\n5,122,820.1\n5,054,316.0\n5,101,193.5\n4,936,279.4\n5,074,872.7\n5,169,034.0\nDOMESTIC CREDIT\n4,138,311.2\n4,174,067.9\n4,205,226.6\n4,234,468.5\n4,267,182.2\n4,331,335.1\n4,352,932.2\n4,378,653.6\n4,231,495.4\n4,249,052.3\n4,371,027.6\n4,529,777.2\n4,817,875.2\n Claims on Government (net) \n468,461.4\n498,617.0\n423,988.3\n437,473.4\n442,435.9\n470,504.6\n462,425.7\n515,636.4\n544,026.1\n549,179.2\n537,675.3\n665,258.8\n950,594.0\n RBZ\n-1,178.9\n-1,179.1\n-46,158.3\n-25,974.8\n-35,915.4\n-14,433.2\n-14,031.5\n-25,063.7\n-12,594.0\n-12,908.0\n-22,274.1\n98,377.6\n97,847.8\n DMBs\n429,476.7\n459,632.5\n429,983.1\n411,866.1\n426,769.3\n433,084.8\n443,478.0\n487,962.9\n504,696.7\n510,080.3\n500,344.5\n498,836.6\n784,428.5\n OBIs\n40,163.5\n40,163.5\n40,163.5\n51,582.0\n51,582.0\n51,852.9\n32,979.1\n52,737.2\n51,923.4\n52,007.0\n59,604.9\n68,044.6\n68,317.8\n Claims on Public Enterprises \n78,383.6\n73,173.2\n77,393.8\n70,324.8\n72,390.6\n72,375.0\n66,661.0\n66,750.2\n64,967.7\n68,944.3\n71,543.2\n102,474.3\n104,306.3\n RBZ\n0.0\n0.0\n0.0\n0.0\n0.0\n0.0\n0.0\n0.0\n0.0\n0.0\n0.0\n737.3\n1,087.1\n DMBs\n78,383.6\n73,173.2\n77,393.8\n70,324.8\n72,390.6\n72,375.0\n66,661.0\n66,750.2\n64,967.7\n68,944.3\n69,816.8\n100,742.9\n102,436.0\n Agri-PEs\n0.0\n0.0\n0.0\n0.0\n0.0\n0.0\n0.0\n0.0\n0.0\n0.0\n0.0\n0.0\n0.0\n Other\n78,383.6\n73,173.2\n77,393.8\n70,324.8\n72,390.6\n72,375.0\n66,661.0\n66,750.2\n64,967.7\n68,944.3\n69,816.8\n100,742.9\n102,436.0\n OBIs\n0.0\n0.0\n0.0\n0.0\n0.0\n0.0\n0.0\n0.0\n0.0\n0.0\n1,726.4\n994.2\n783.2\n Claims on Private Sector\n3,591,466.2\n3,602,277.7\n3,703,844.6\n3,726,670.4\n3,752,355.7\n3,788,455.5\n3,823,845.6\n3,796,267.1\n3,622,501.6\n3,630,928.8\n3,761,809.1\n3,762,044.1\n3,762,974.9\n RBZ\n34,745.1\n34,725.3\n34,725.3\n34,725.3\n34,725.3\n34,725.3\n34,725.3\n34,725.3\n34,725.3\n34,725.3\n31,409.0\n31,558.0\n31,155.6\n DMBs\n2,956,036.4\n2,955,853.5\n3,013,188.5\n3,016,709.8\n3,021,389.7\n3,016,750.9\n3,036,795.2\n3,010,101.6\n2,835,002.6\n2,824,415.9\n2,960,892.4\n2,948,993.7\n2,960,917.8\n OBIs\n600,684.7\n611,698.9\n655,930.8\n675,235.3\n696,240.7\n736,979.3\n752,325.1\n751,440.3\n752,773.8\n771,787.7\n769,507.7\n781,492.4\n770,901.6\nOTHER ITEMS (NET) \n773,035.9\n744,915.7\n719,917.4\n715,340.8\n657,554.4\n724,770.7\n830,357.8\n744,166.4\n822,820.5\n852,141.2\n565,251.8\n545,095.4\n351,158.7\nBROAD MONEY (M3) \n4,325,730.5\n4,323,565.9\n4,224,069.9\n4,322,075.8\n4,388,502.6\n4,457,259.7\n4,415,465.6\n4,403,418.7\n4,340,125.3\n4,337,887.0\n4,370,320.1\n4,438,844.6\n4,487,967.5\nTABLE 1.2 : BROAD MONEY SURVEY\nUS$ Thousands\n2015\n2014\n \n \nMONTHLY ECONOMIC REVIEW \n11 \n \n \n \n \n \n \n \nMAY\nJUNE\nJULY\nAUGUST\nSEPTEMBER\nOCTOBER\nNOVEMBER\nDECEMBER\nJANUARY\nFEBRUARY\nMARCH\nAPRIL\nMAY\nNET FOREIGN ASSETS \n110,226.8\n-9,801.0\n-105,656.4\n73,340.6\n91,499.6\n-62,612.2\n-168,978.3\n48,423.1\n5,210.8\n-49,115.9\n197,347.2\n-70,068.7\n-45,038.4\n Assets\n126,605.3\n-63,572.7\n-99,487.0\n52,477.1\n26,275.7\n-106,860.1\n-171,528.5\n68,665.5\n-65,220.3\n-93,125.9\n78,246.1\n-60,586.2\n55,707.0\n Reserve Bank (RBZ)\n51,044.8\n-36,347.7\n-47,261.2\n84,386.3\n208,803.3\n-112,329.0\n-173,621.7\n28,646.8\n-6,519.2\n-75,771.9\n1,280.1\n730.6\n20,317.9\n Deposit Money Banks (DMBs)\n72,237.8\n-15,463.3\n-61,646.4\n-19,233.1\n-189,478.6\n17,359.6\n-15,351.2\n46,122.9\n-57,232.0\n-5,407.1\n69,089.7\n-45,195.2\n-5,646.2\n Other Banking Institutions (OBIs) \\1\n3,322.7\n-11,761.7\n9,420.6\n-12,676.1\n6,951.0\n-11,890.7\n17,444.4\n-6,104.2\n-1,469.1\n-11,946.9\n7,876.2\n-16,121.6\n41,035.3\n Liabilities \\2\n-16,378.5\n53,771.7\n-6,169.4\n20,863.4\n65,223.9\n44,248.0\n2,550.2\n-20,242.5\n70,431.1\n44,010.0\n119,101.1\n-9,482.6\n-100,745.5\n RBZ\n-2,727.0\n-10,829.9\n-5,814.9\n-18,428.0\n-79,922.9\n-2,129.4\n-5,557.4\n-9,117.3\n-13,840.5\n2,065.8\n-151,066.4\n36,112.1\n-25,276.1\n DMBs\n19,309.6\n-53,055.9\n16,720.4\n-8,098.8\n-3,810.2\n-42,098.6\n2,651.0\n29,711.9\n-56,959.6\n-45,107.0\n34,825.7\n-24,184.2\n125,794.7\n OBIs\n-204.2\n10,114.1\n-4,736.2\n5,663.4\n18,509.2\n-20.0\n356.2\n-352.1\n369.0\n-968.8\n-2,860.4\n-2,445.4\n226.9\nNET DOMESTIC ASSETS \\3\n-14,954.9\n7,636.5\n6,160.4\n24,665.3\n-25,072.8\n131,369.2\n127,184.2\n-60,469.9\n-68,504.1\n46,877.5\n-164,914.1\n138,593.3\n94,161.3\nDOMESTIC CREDIT\n-11,826.2\n35,756.7\n31,158.7\n29,241.9\n32,713.7\n64,152.8\n21,597.2\n25,721.4\n-147,158.2\n17,556.9\n121,975.3\n158,749.6\n288,098.0\n Claims on Government (net) \n-8,455.9\n30,155.7\n-74,628.7\n13,485.1\n4,962.5\n28,068.6\n-8,078.9\n53,210.7\n28,389.7\n5,153.1\n-11,503.9\n127,583.5\n285,335.2\n RBZ\n0.0\n-0.2\n-44,979.3\n20,183.6\n-9,940.6\n21,482.2\n401.6\n-11,032.2\n12,469.7\n-314.0\n-9,366.0\n120,651.7\n-529.8\n DMBs\n-8,455.9\n30,155.8\n-29,649.5\n-18,117.0\n14,903.2\n6,315.6\n10,393.2\n44,484.8\n16,733.8\n5,383.6\n-9,735.8\n-1,507.9\n285,591.8\n OBIs\n0.0\n0.0\n0.0\n11,418.5\n0.0\n270.8\n-18,873.7\n19,758.1\n-813.8\n83.5\n7,597.9\n8,439.7\n273.1\n Claims on Public Enterprises \n90.9\n-5,210.4\n4,220.6\n-7,069.0\n2,065.8\n-15.6\n-5,714.0\n89.2\n-1,782.4\n3,976.6\n2,598.9\n30,931.2\n1,832.0\n RBZ\n0.0\n0.0\n0.0\n0.0\n0.0\n0.0\n0.0\n0.0\n0.0\n0.0\n0.0\n737.3\n349.8\n DMBs\n90.9\n-5,210.4\n4,220.6\n-7,069.0\n2,065.8\n-15.6\n-5,714.0\n89.2\n-1,782.4\n3,976.6\n872.5\n30,926.1\n1,693.1\n Agri-PEs\n-6,898.8\n-6,908.9\n-1,516.3\n-1,511.0\n-1,514.5\n-1,515.5\n-1,515.5\n-1,516.5\n-1,517.5\n-1,518.5\n-1,519.5\n-1,520.5\n-1,521.5\n Other\n6,989.7\n1,698.5\n5,736.8\n-5,558.0\n3,580.4\n1,499.9\n-4,198.5\n1,605.7\n-264.9\n5,495.1\n2,392.0\n32,446.6\n3,214.7\n OBIs\n0.0\n0.0\n0.0\n0.0\n0.0\n0.0\n0.0\n0.0\n0.0\n0.0\n1,726.4\n-732.2\n-211.0\n Claims on Private Sector\n-3,461.1\n10,811.4\n101,566.9\n22,825.8\n25,685.3\n36,099.8\n35,390.1\n-27,578.5\n-173,765.5\n8,427.2\n130,880.3\n234.9\n930.9\n RBZ\n0.0\n-19.8\n0.0\n0.0\n0.0\n0.0\n0.0\n0.0\n0.0\n0.0\n-3,316.3\n149.0\n-402.4\n DMBs\n-12,524.1\n-182.9\n57,335.0\n3,521.2\n4,680.0\n-4,638.8\n20,044.3\n-26,693.6\n-175,099.0\n-10,586.7\n136,476.5\n-11,898.7\n11,924.1\n OBIs\n9,063.0\n11,014.2\n44,231.9\n19,304.6\n21,005.3\n40,738.6\n15,345.8\n-884.9\n1,333.5\n19,013.9\n-2,280.0\n11,984.7\n-10,590.8\nOTHER ITEMS (NET) \n-3,128.7\n-28,120.2\n-24,998.3\n-4,576.6\n-57,786.4\n67,216.3\n105,587.1\n-86,191.4\n78,654.1\n29,320.6\n-286,889.4\n-20,156.4\n-193,936.7\nBROAD MONEY (M3) \n95,271.9\n-2,164.5\n-99,496.0\n98,005.9\n66,426.9\n68,757.0\n-41,794.1\n-12,046.9\n-63,293.4\n-2,238.4\n32,433.1\n68,524.5\n49,122.9\n Broad Money (M3) \n2.3%\n-0.1%\n-2.3%\n2.3%\n1.5%\n1.6%\n-0.9%\n-0.3%\n-1.4%\n-0.1%\n0.7%\n1.57%\n1.11%\n Domestic Credit \n-0.3%\n0.9%\n0.7%\n0.7%\n0.8%\n1.5%\n0.5%\n0.6%\n-3.4%\n0.4%\n2.9%\n3.63%\n6.36%\n Claims on Private Sector\n-0.1%\n0.3%\n2.8%\n0.6%\n0.7%\n1.0%\n0.9%\n-0.7%\n-4.6%\n0.2%\n3.6%\n0.01%\n0.02%\nTABLE 1.3 : ANALYSIS OF MONTHLY CHANGES IN MONEY SUPPLY (M3)\n US$ Thousands\n2014\n2015\n \n \nMONTHLY ECONOMIC REVIEW \n12 \n \n \nMAY\nJUNE\nJULY\nAUGUST\nSEPTEMBER\nOCTOBER\nNOVEMBER\nDECEMBER\nJANUARY\nFEBRUARY\nMARCH\nAPRIL\nMAY\nNET FOREIGN ASSETS \n-97,000.4\n174,984.2\n121,341.3\n256,709.5\n278,254.4\n251,490.3\n233,974.4\n90,771.0\n132,431.5\n36,127.1\n250,879.1\n59,815.5\n-95,449.8\n Assets\n124,519.6\n132,134.9\n59,355.9\n147,638.2\n30,394.8\n4,716.6\n-29,140.7\n-145,986.2\n-178,961.3\n-294,685.4\n-205,308.8\n-308,111.1\n-379,009.3\n Reserve Bank (RBZ)\n-60,760.6\n-87,240.5\n-35,011.5\n124,065.4\n275,699.8\n185,705.6\n69,707.4\n24,693.2\n1,841.7\n-84,185.9\n-74,987.2\n-76,958.8\n-107,685.7\n Deposit Money Banks (DMBs)\n153,245.8\n197,101.5\n87,011.4\n37,263.5\n-248,474.2\n-168,281.7\n-114,069.3\n-180,447.4\n-204,438.1\n-219,094.2\n-115,561.0\n-204,196.9\n-282,081.0\n Other Banking Institutions (OBIs) \\1\n32,034.3\n22,274.0\n7,356.1\n-13,690.7\n3,169.2\n-12,707.3\n15,221.1\n9,767.9\n23,635.1\n8,594.7\n-14,760.6\n-26,955.3\n10,757.3\n Liabilities \\2\n-221,520.0\n42,849.2\n61,985.4\n109,071.4\n247,859.6\n246,773.7\n263,115.2\n236,757.2\n311,392.8\n330,812.5\n456,187.9\n367,926.6\n283,559.6\n RBZ\n18,630.8\n3,844.4\n-7,035.3\n-22,202.4\n-108,893.9\n-114,916.2\n-117,925.2\n-129,214.3\n-141,597.9\n-142,138.7\n-294,509.5\n-261,255.8\n-283,804.9\n DMBs\n204,827.4\n-54,779.1\n-63,362.3\n-101,759.1\n-172,362.2\n-165,096.0\n-178,769.8\n-131,012.2\n-198,281.1\n-217,181.2\n-187,715.9\n-130,095.6\n-23,610.5\n OBIs\n-1,938.2\n8,085.5\n8,412.1\n14,890.2\n33,396.5\n33,238.5\n33,579.8\n23,469.3\n28,486.1\n28,507.4\n26,037.5\n23,424.8\n23,855.8\nNET DOMESTIC ASSETS \\3\n404,589.2\n310,374.5\n247,806.9\n269,129.6\n199,588.8\n254,086.5\n374,380.8\n380,322.6\n319,048.5\n279,980.3\n25,501.8\n148,570.5\n257,686.8\nDOMESTIC CREDIT\n267,298.2\n238,021.8\n238,960.1\n245,653.9\n260,891.3\n252,119.7\n261,621.9\n309,956.1\n245,588.9\n134,866.3\n190,918.6\n379,639.8\n679,564.0\n Claims on Government (net) \n256,239.5\n292,427.5\n191,715.5\n203,355.4\n213,821.1\n170,818.5\n130,627.9\n157,639.0\n185,227.8\n122,671.7\n47,442.1\n188,341.5\n482,132.6\n RBZ\n0.8\n649.4\n-42,670.8\n-24,732.7\n-34,718.8\n-12,964.3\n-12,843.3\n-23,881.4\n-11,412.3\n-11,726.2\n-21,094.5\n99,556.4\n99,026.6\n DMBs\n236,596.5\n271,848.2\n214,456.4\n196,739.8\n217,191.5\n152,163.6\n150,725.7\n168,946.7\n184,880.3\n122,554.5\n49,095.3\n60,904.0\n354,951.8\n OBIs\n19,642.1\n19,929.9\n19,929.9\n31,348.4\n31,348.4\n31,619.3\n-7,254.5\n12,573.7\n11,759.9\n11,843.4\n19,441.3\n27,881.1\n28,154.2\n Claims on Public Enterprises \n14,778.7\n9,544.5\n15,219.5\n9,961.8\n12,580.8\n12,950.8\n5,816.2\n6,105.2\n4,414.7\n8,255.0\n-7,984.8\n24,181.6\n25,922.7\n RBZ\n0.0\n0.0\n0.0\n0.0\n0.0\n0.0\n0.0\n0.0\n0.0\n0.0\n0.0\n737.3\n1,087.1\n DMBs\n14,778.7\n9,544.5\n15,219.5\n9,961.8\n12,580.8\n12,950.8\n5,816.2\n6,105.2\n4,414.7\n8,255.0\n-9,711.2\n22,450.1\n24,052.3\n Agri-PEs\n-5,259.3\n-5,260.3\n-5,261.3\n-5,262.3\n-5,263.3\n-5,003.2\n-5,004.2\n-5,005.2\n-7,246.8\n-7,246.8\n-6,896.5\n-6,898.8\n-6,908.9\n Other\n20,038.0\n14,804.8\n20,480.8\n15,224.1\n17,844.1\n17,954.0\n10,820.4\n11,110.4\n11,661.5\n15,501.8\n-2,814.7\n29,348.9\n30,961.2\n OBIs\n0.0\n0.0\n0.0\n0.0\n0.0\n0.0\n0.0\n0.0\n0.0\n0.0\n1,726.4\n994.2\n783.2\n Claims on Private Sector\n-3,720.0\n-63,950.1\n32,025.1\n32,336.7\n34,489.5\n68,350.4\n125,177.8\n146,211.9\n55,946.4\n3,939.6\n151,461.2\n167,116.7\n171,508.7\n RBZ\n-5,383.7\n-5,403.6\n-1,420.9\n-1,421.9\n-1,387.4\n-394.8\n-390.8\n-390.8\n-390.8\n-390.8\n-3,336.1\n-3,187.1\n-3,589.5\n DMBs\n-107,645.2\n-169,498.5\n-120,335.1\n-142,682.7\n-121,001.5\n-124,890.6\n-69,400.6\n-43,543.7\n-120,031.2\n-192,169.1\n-33,095.8\n-19,566.9\n4,881.3\n OBIs\n109,308.9\n110,951.9\n153,781.1\n176,441.3\n156,878.5\n193,635.8\n194,969.2\n190,146.4\n176,368.4\n196,499.5\n187,893.1\n189,870.6\n170,216.9\nOTHER ITEMS (NET) \n137,290.9\n72,352.6\n8,846.8\n23,475.6\n-61,302.5\n1,966.8\n112,758.9\n70,366.5\n73,459.6\n145,114.0\n-165,416.8\n-231,069.3\n-421,877.2\nBROAD MONEY (M3) \n307,589.0\n485,358.6\n369,148.2\n525,839.1\n477,843.2\n505,576.8\n608,355.2\n471,093.6\n451,480.0\n316,107.4\n276,380.8\n208,386.1\n162,237.0\nGROWTH RATES\n Broad Money (M3) \n7.7%\n12.6%\n9.6%\n13.9%\n12.2%\n12.8%\n16.0%\n12.0%\n11.6%\n7.9%\n6.8%\n4.9%\n3.8%\n Domestic Credit \n6.9%\n6.0%\n6.0%\n6.2%\n6.5%\n6.2%\n6.4%\n7.6%\n6.2%\n3.3%\n4.6%\n9.1%\n16.4%\n Claims on Private Sector\n-0.1%\n-1.7%\n0.9%\n0.9%\n0.9%\n1.8%\n3.4%\n4.0%\n1.6%\n0.1%\n4.2%\n4.6%\n4.8%\nTABLE 1.4 : ANALYSIS OF YEARLY CHANGES IN MONEY SUPPLY (M3)\n$ Thousands\n2014\n2015\n \n \nMONTHLY ECONOMIC REVIEW \n13 \n \n \n \n \n \n \n \n \nAGRICULTURE\nCONSTRUCTION\nCOMMUNICATION\nDISTRIBUTION\nFINANCIAL &\nFINANCIAL\nMANUFACTURING\nMINING\nSERVICES\nTRANSPORT\nINDIVIDUALS\nCONGLOMERATE\nTOTAL\nEND OF\n \n \n \nINVESTMENTS\nORGANISATIONS\n \n \n \n \n2013 \nJan\n450,170.0\n31,073.4\n38,762.3\n426,050.9\n11,967.9\n31,547.4\n417,961.3\n144,645.1\n237,323.7\n33,906.5\n300,841.1\n9,373.1\n2,133,622.7\nFeb \n494,536.6\n33,786.9\n28,372.0\n439,556.7\n14,811.4\n33,948.5\n409,692.7\n128,242.7\n303,269.9\n38,235.9\n298,171.5\n3,685.5\n2,226,310.2\nMar\n467,874.0\n41,532.7\n68,987.2\n433,337.1\n16,118.8\n34,704.7\n471,204.9\n159,925.7\n307,134.7\n44,413.6\n370,123.5\n4,491.7\n2,419,848.6\nApr\n455,178.9\n43,628.2\n23,433.4\n428,381.7\n14,997.8\n35,589.1\n444,798.7\n135,046.2\n288,857.6\n45,643.6\n377,037.0\n7,693.7\n2,300,585.8\nMay\n484,635.0\n38,637.2\n27,795.2\n455,737.9\n14,699.1\n35,106.1\n465,890.2\n115,457.8\n301,547.9\n52,075.2\n382,172.8\n5,034.0\n2,378,788.7\nJun\n489,730.1\n37,474.3\n38,198.7\n425,521.3\n7,310.7\n53,815.0\n454,368.5\n110,349.9\n295,432.3\n51,453.6\n385,769.7\n11,033.4\n2,360,457.5\nJul\n483,103.7\n40,342.5\n33,494.3\n464,921.7\n6,869.2\n38,522.6\n541,025.9\n116,557.1\n307,117.5\n48,218.0\n426,582.7\n4,455.3\n2,511,210.5\nAug\n521,743.0\n38,889.1\n43,894.5\n425,531.4\n7,260.6\n39.087.2\n451,871.2\n110,041.8\n346,006.0\n40,216.0\n374,587.1\n9,914.6\n2,409,042.5\nSep\n496,289.3\n39,446.9\n38,856.6\n447,247.2\n13,953.5\n43,006.7\n437,211.9\n118,873.7\n330,709.6\n40,046.6\n373,596.8\n9,790.6\n2,389,029.4\nOct\n491,610.6\n38,871.5\n39,766.0\n471,966.2\n8,023.3\n40,835.3\n420,445.3\n110,778.3\n417,411.6\n36,334.1\n376,463.1\n9,861.9\n2,462,367.3\nNov\n487,289.4\n40,321.7\n42,332.0\n488,637.3\n3,116.5\n36,852.0\n417,162.5\n117,050.8\n389,727.1\n39,126.4\n369,190.3\n17,960.5\n2,448,766.4\nDec\n533,165.2\n42,285.1\n17,617.9\n435,613.1\n5,047.0\n62,165.8\n389,181.2\n115,404.6\n379,809.3\n37,409.1\n369,838.8\n18,252.9\n2,405,790.0\n2014 \nJan\n489,585.3\n43,743.8\n18,574.7\n464,097.6\n5,467.4\n48,086.1\n362,554.0\n116,635.5\n412,901.1\n37,722.2\n367,126.2\n16,773.1\n2,383,267.1\nFeb \n519,154.6\n38,918.1\n24,765.4\n460,528.2\n10,397.3\n47,488.6\n385,038.1\n116,670.5\n401,619.6\n32,978.1\n396,800.8\n8,542.7\n2,442,902.1\nMar\n503,868.1\n42,707.9\n35,785.1\n494,663.8\n5,257.4\n52,722.0\n374,809.1\n116,653.0\n396,000.6\n38,089.3\n406,503.1\n15,833.1\n2,482,892.7\nApr\n540,156.2\n40,707.1\n18,138.9\n502,514.1\n9,898.6\n18,817.9\n407,595.0\n175,048.3\n447,549.2\n49,619.1\n511,048.2\n15,136.7\n2,736,229.2\nMay\n546,733.9\n41,594.2\n21,547.9\n488,389.7\n10,073.8\n23,049.1\n396,846.0\n184,730.9\n452.373.8\n51,891.8\n512,864.5\n17,718.8\n2,747,814.6\nJun\n536,188.9\n46,085.8\n28,201.0\n500,266.1\n10,656.3\n25,616.2\n417,002.7\n197,441.1\n432,692.4\n46,751.6\n499,191.5\n17,173.9\n2,757,267.4\nJul\n575,645.3\n43,055.0\n28,090.8\n480,483.6\n6,359.2\n27,284.9\n428,611.4\n206,052.3\n479,384.6\n49,260.4\n507,930.0\n46,148.1\n2,878,305.8\nAug\n548,866.7\n56,886.1\n38,891.3\n498,696.8\n54,387.2\n110,618.5\n422,942.5\n221,099.2\n430,156.3\n48,167.0\n474,060.2\n37,230.9\n2,942,002.7\nSep\n539,818.8\n51,349.1\n29,191.8\n493,610.7\n51,999.0\n109,975.0\n428,697.3\n201,791.6\n451,117.2\n45,100.0\n539,108.1\n36,708.6\n2,978,467.1\nOct\n530,544.7\n62,891.8\n55,922.5\n507,936.4\n50,701.1\n101,818.5\n436,519.1\n196,491.0\n413,443.5\n39,088.3\n520,437.0\n5,799.4\n2,921,593.2\nNov\n574,859.5\n58,780.5\n46,419.5\n460,989.3\n50,008.6\n120,510.4\n453,924.5\n208,418.3\n413,410.7\n45,289.6\n540,638.4\n5,976.9\n2,979,226.2\nDec\n565,840.1\n46,298.5\n42,604.8\n437,975.3\n47,805.8\n88,485.5\n478,895.5\n220,501.3\n481,497.5\n43,449.8\n543,038.5\n5,957.7\n3,002,529.6\n2015 \nJan\n541,656.5\n46,681.6\n39,906.8\n445,656.6\n21,454.5\n131,350.1\n466,896.6\n207,686.6\n452,817.5\n47,945.7\n557,066.9\n1,401.2\n2,960,820.4\nFeb\n538,722.0\n42,062.8\n47,395.1\n446,647.8\n21,790.0\n117,681.6\n461,237.6\n214,420.4\n463,884.6\n48,357.0\n544,838.5\n1,416.2\n2,948,453.6\nMar\n549,118.0\n42,010.1\n44,087.2\n448,278.7\n76,302.3\n110,180.3\n473,978.1\n203,327.9\n466,104.7\n48,938.0\n550,140.6\n1,339.6\n3,013,805.6\nApr\n556,457.4\n30,687.3\n44,546.9\n451,852.9\n65,696.1\n72,653.7\n457,797.1\n202,418.2\n518,353.6\n47,653.8\n551,662.8\n990.1\n3,000,770.0\nMay\n577,258.6\n31,400.7\n44,839.1\n456,652.1\n64,792.3\n75,682.2\n460,700.3\n192,377.2\n545,363.4\n50,061.9\n561,058.3\n1,034.4\n3,061,220.5\nTABLE 2.1 : SECTORAL ANALYSIS OF COMMERCIAL BANKS LOANS AND ADVANCES/1\n$ Thousands\n \n \nMONTHLY ECONOMIC REVIEW \n14 \n \n \nEND OF\nAGRICULTURE\nCONSTRUCTION\nCOMMUNICATIONS\nDISTRIBUTION\nFINANCIAL &\nFINANCIAL\nMANUFACTURING\nMINING\nSERVICES\nTRANSPORT\nINDIVIDUALS\nCONGLOMERATES\nTOTAL\nINVESTMENTS\nORGANISATIONS\n2013\nJANUARY\n91,648.8\n48,329.1\n128,426.0\n351,566.7\n212,401.7\n494,823.6\n252,389.7\n93,470.0\n658,260.1\n44,091.4\n512,289.8\n32,145.9\n2,919,842.6\nFEBRUARY\n96,796.5\n48,491.5\n147,571.5\n360,757.9\n147,995.9\n578,306.4\n284,603.8\n64,530.5\n679,554.8\n41,983.6\n516,431.2\n25,275.3\n2,991.999.1\nMARCH\n96,752.8\n44,883.3\n139,327.8\n354,627.8\n155,915.2\n610,758.4\n290,072.8\n87,143.0\n594,397.7\n38,345.5\n523,913.8\n141,404.6\n3,077,542.7\nAPRIL\n98,671.0\n49,093.8\n152,390.8\n350,269.2\n166,578.5\n545,118.2\n311,310.8\n105,766.9\n638,341.8\n39,837.1\n533,691.3\n99,053.9\n3,090,123.4\nMAY\n114,053.3\n55,427.4\n142,023.3\n389,384.7\n255,352.1\n484,429.7\n318,129.4\n92,777.2\n700,668.7\n46,593.8\n578,509.2\n32,297.7\n3,209,646.5\nJUNE\n116,635.2\n58,578.8\n147,313.8\n447,394.5\n183,146.3\n352,600.3\n366,824.2\n96,685.8\n701,195.7\n46,578.5\n597,373.1\n104,843.6\n3,219,169.8\nJULY\n108,086.6\n46,449.5\n120,982.3\n380,448.8\n178,341.4\n677,700.7\n301,575.9\n97,583.8\n710,856.1\n39,395.9\n487,954.4\n102,531.4\n3,251,906.9\nAUGUST\n137,107.1\n48,726.1\n135,788.5\n319,106.0\n174,593.9\n637,190.7\n333,255.3\n99,194.1\n639,401.6\n41,996.5\n417,762.6\n93,772.1\n3,077,894.4\nSEPTEMBER\n100,028.3\n57,039.8\n145,652.5\n380,781.4\n207,379.2\n612,131.5\n408,359.1\n103,872.8\n795,047.6\n46,982.9\n435,912.4\n90,265.8\n3,383,453.4\nOCTOBER\n94,346.3\n52,722.4\n141,401.4\n338,625.9\n223,223.8\n754,145.4\n339,305.6\n99,583.3\n754,116.1\n41,527.2\n440,197.9\n97,771.1\n3,376,966.4\nNOVEMBER\n114,178.7\n47,740.9\n128,399.3\n312,639.2\n241,628.8\n741,885.4\n283,426.0\n80,507.6\n727,492.5\n42,901.0\n458,479.9\n89,292.5\n3,268,571.8\nDECEMBER\n113,914.2\n51,981.7\n142,938.1\n342,785.1\n213,125.2\n755,299.4\n327,658.1\n83,103.1\n762,884.4\n41,827.9\n432,436.3\n61,038.7\n3,328,992.1\n2014\nJANUARY\n130,154.6\n53,292.9\n146,876.1\n353,793.8\n259,569.6\n731,703.3\n304,033.2\n93,776.7\n770,435.4\n40,085.9\n485,573.1\n60,897.7\n3,430,192.5\nFEBRUARY\n138,812.3\n55,092.2\n134,813.9\n420,181.0\n262,183.8\n786,295.6\n270,062.5\n131,134.8\n779,640.3\n39,169.2\n508,813.7\n61,822.3\n3,588,021.6\nMARCH\n118,239.1\n55,167.5\n135,807.9\n382,675.5\n216,025.3\n791,776.0\n275,549.1\n103,298.7\n806,185.9\n42,432.8\n521,381.5\n72,990.9\n3,521,530.3\nAPRIL\n164,347.5\n59,289.3\n102,323.7\n408,823.5\n325,559.7\n780,207.0\n325,659.8\n135,187.4\n888,876.2\n43,746.5\n582,848.8\n82,009.8\n3,898,879.1\nMAY\n149,474.1\n60,669.4\n108,977.6\n355,802.3\n332,850.8\n800,256.8\n303,599.4\n132,132.8\n1,027,552.7\n38,921.0\n581,930.2\n93,334.9\n3,985,501.8\nJUNE\n194,685.1\n64,188.9\n95,595.6\n470,267.7\n291,594.6\n812,999.7\n348,303.5\n130,453.4\n895,698.0\n44,735.5\n575,149.1\n91,392.4\n4,015,063.5\nJULY\n163,335.6\n56,812.0\n87,587.5\n370,121.7\n303,367.3\n830,988.6\n334,436.8\n112,985.0\n880,761.1\n44,675.4\n587,756.7\n94,841.5\n3,867,669.2\nAUGUST\n128,794.1\n38,934.1\n90,012.5\n271,204.3\n270,009.9\n755,141.6\n236,267.5\n130,548.6\n865,566.6\n31,180.4\n467,724.2\n89,582.4\n3,374,966.2\nSEPTEMBER\n177,932.5\n56,444.5\n82,756.7\n315,956.8\n309,508.3\n951,593.4\n278,461.5\n174,497.9\n978,044.0\n47,792.7\n571,629.9\n103,464.8\n4,048,083.1\nOCTOBER\n158,421.7\n57,091.4\n83,973.9\n407,934.0\n308,028.8\n917,450.3\n266,690.9\n178,771.0\n936,336.2\n44,950.2\n613,425.1\n91,764.1\n4,064,837.5\nNOVEMBER\n140,908.6\n61,494.3\n93,114.0\n350,153.8\n313,668.7\n881,007.4\n271,049.9\n137,867.8\n955,760.6\n48,177.7\n641,405.3\n90,462.2\n3,985,070.2\nDECEMBER\n147,242.4\n60,358.1\n118,725.7\n328,729.5\n325,746.6\n950,304.9\n290,329.3\n118,977.8\n964,815.0\n47,574.3\n638,061.1\n92,040.8\n4,082,906.3\n2015\nJANUARY\n155,304.2\n63,950.4\n136,066.9\n349,099.7\n294,145.5\n809,684.0\n314,319.6\n113,452.0\n1,034,514.7\n48,876.5\n606,370.3\n78,746.0\n4,004,529.8\nFEBRUARY\n151,740.1\n63,112.6\n109,807.6\n370,581.8\n314,944.7\n784,737.6\n309,307.9\n120,255.1\n1,028,160.1\n43,112.0\n606,650.6\n78,891.2\n3,981,301.2\nMARCH\n199,484.8\n63,709.2\n116,397.4\n378,460.0\n351,448.0\n762,380.7\n373,911.9\n99,744.6\n912,654.4\n42,478.9\n644,951.3\n72,605.2\n4,018,226.6\nAPRIL\n186,896.3\n65,974.0\n130,284.9\n380,884.8\n330,001.9\n799,952.4\n373,648.3\n109,735.0\n944,772.9\n44,964.9\n653,801.0\n75,850.9\n4,096,767.2\nMAY\n185,803.2\n73,167.5\n111,512.1\n523,774.7\n299,659.2\n801,335.5\n419,453.7\n113,355.0\n1,041,392.8\n50,057.9\n619,767.9\n71,388.8\n4,310,668.3\n TABLE 2.2: SECTORAL ANALYSIS OF COMMERCIAL BANKS DEPOSITS \nUS$ Thousands\n \n \nMONTHLY ECONOMIC REVIEW \n15 \n \n \n \n \n \n \n \n \nEnd Pe rio d\n19 9 9\n2 0 0 0\n2 0 0 1\n2 0 0 2\n2 0 0 3\n2 0 0 4\n2 0 0 5\n2 0 0 6\n2 0 0 7\n2 0 0 8\n2 0 0 9\n2 0 10\n2 0 11\n2 0 12\n2 0 13\n2 0 14\n( US $ millio ns )\nLo ng - Te rm Ext e rnal De b t\n3 ,53 0\n3 ,2 2 7\n3 ,2 55\n3 ,3 2 7\n3 ,6 4 4\n3 ,9 2 7\n3 ,8 0 5\n3 ,9 6 5\n4 ,0 3 2\n4 ,4 6 4\n4 ,9 51\n5,175\n6 ,0 9 6\n6 ,6 0 7\n7,3 70\n8 ,4 4 4\nGo ve rnme nt\n2 ,4 6 1\n2 ,2 4 9\n2 ,3 2 8\n2 ,3 76\n2 ,6 17\n2 ,8 4 4\n2 ,8 9 5\n3 ,0 2 4\n3 ,0 54\n3 ,4 6 4\n4 ,0 3 7\n4 ,0 9 5\n4 ,6 3 8\n4 ,9 2 9\n5,0 12\n4 ,52 2\nBilateral Creditors\n935\n1,050\n1,115\n1,107\n1,255\n1,455\n1,438\n1,520\n1,520\n1,863\n2,308\n2,325\n2,597\n2,694\n2,928\n2,445\nMultilateral Creditors\n1,235\n1,199\n1,213\n1,269\n1,362\n1,389\n1,457\n1,504\n1,524\n1,592\n1,729\n1,770\n2,041\n2,235\n2,084\n2,078\nPrivate Creditors\n291\n0\n0\n0\n0\n0\n0\n0\n10\n10\n0\n0\n0\n0\n0\n0\nPub lic Ent e rp ris e s\n54 3\n53 4\n56 8\n6 16\n6 9 8\n714\n70 9\n76 6\n79 0\n8 2 5\n8 57\n9 3 8\n1,0 9 2\n1,19 8\n1,3 56\n1,6 6 1\nBilateral Creditors\n316\n301\n315\n351\n403\n442\n439\n464\n474\n497\n453\n238\n711\n703\n858\n1,155\nMultilateral Creditors\n224\n233\n253\n265\n295\n272\n270\n302\n316\n327\n403\n700\n382\n495\n498\n506\nPrivate Creditors\n3\n0\n0\n0\n0\n0\n0\n0\n0\n0\n0\n0\n0\n0\n0\n0\nM o ne t ary Aut ho rit ie s\n3 6 4\n2 9 2\n2 9 2\n2 79\n2 8 8\n2 9 1\n14 4\n13 0\n13 7\n14 0\n14 0\n13 8\n12 7\n12 5\n12 5\n12 0\nMultilateral Creditors - IMF\n364\n292\n292\n279\n288\n291\n144\n130\n137\n140\n140\n138\n127\n125\n125\n120\nPrivat e\n16 2\n152\n6 7\n56\n4 1\n78\n57\n4 5\n51\n3 5\n57\n14 2\n3 6 6\n4 8 0\n1,0 0 2\n2 ,2 6 1\nS ho rt - Te rm Ext e rnal De b t\n53 2\n2 9 8\n16 7\n18 3\n16 9\n14 4\n173\n2 8 1\n3 8 7\n2 2 6\n1,19 8\n1,3 8 2\n1,2 8 9\n8 9 0\n1,56 4\n2 ,3 9 4\nSupplier's Credits\n150\n42\n13\n26\n51\n69\n107\n122\n178\n41\n193\n286\n134\n30\n0\n0\nReserve Bank\n642\n642\n618\n614\n614\n587\nPrivate\n382\n256\n154\n157\n118\n75\n66\n159\n209\n185\n363\n454\n537\n246\n950\n1,807\nTo t al Ext e rnal De b t\n4 ,0 6 2\n3 ,52 5\n3 ,4 2 2\n3 ,510\n3 ,8 12\n4 ,0 71\n3 ,9 78\n4 ,2 4 6\n4 ,4 19\n4 ,6 9 0\n6 ,14 9\n6 ,557\n7,3 8 5\n7,4 9 7\n8 ,9 3 4\n10 ,8 3 8\nGro s s Do me s t ic Pro d uc t\n5,990\n6,107\n10,887\n6,715\n5,037\n4,299\n2,918\n6,645\n4,000\n3,175\n8,157\n9,457\n10,956\n12,472\n13,490\n14,068\nExt e rnal De b t / GDP\n6 8 %\n57.7%\n3 1.4 %\n52 .3 %\n75.7%\n9 4 .7%\n13 6 .3 %\n6 3 .9 %\n110 .5%\n14 7.7%\n75.4 %\n6 9 .3 %\n6 7.4 %\n6 0 .1%\n6 6 .2 %\n77.0 %\nSOURCE: M inistry of Finance and Reserve Bank of Zimbabwe\nTABLE 3.1: ZIMBABWE: EXTERNAL DEBT OUTSTANDING BY DEBTOR (INCLUDING ALL ARREARS)\n \n \nMONTHLY ECONOMIC REVIEW \n16 \n \n \nEnd Period\nNominal Lending Rates2\nIndividuals \nCorporate\n2014 \nJan\n6.00-35.00\n14.09 \n9.30 \nFeb \n6.00-35.00\n14.08 \n9.32 \nMar\n6.00-35.00\n14.24 \n9.27 \nApr\n6.00-35.00\n14.22 \n9.12 \nMay\n6.00-35.00\n14.39 \n9.25 \nJun\n6.00-35.00\n14.44 \n9.33 \nJul\n6.00-35.00\n14.33 \n9.45 \nAug\n6.00-35.00\n14.28 \n9.45 \nSep\n6.00-35.00\n14.45 \n9.57 \nOct\n6.00-35.00\n14.36 \n9.90 \nNov\n6.00-35.00\n14.26 \n9.97 \nDec\n6.00-35.00\n14.19 \n9.68 \n2015 \nJan\n6.00-35.00\n14.16 \n9.66 \nFeb\n4.30-33.50\n14.00 \n9.73 \nMar\n4.30-33.50\n13.24 \n8.75 \nApr\n4.30-31.00\n12.71 \n8.84 \nMay\n5.00-31.00\n12.74 \n8.79 \nNotes\n3. Lending rates exclude rates on staff loans. \nTABLE 4.1 LENDING RATES (percent per annum)1\n2. Nominal Lending Rates depict the range of rates quoted by banks.\nCommercial Banks\nWeighted Average Lending Rates 3 \n1. Table revised, to separate weighted lending rates for individuals and corporate bodies. \n \n \nMONTHLY ECONOMIC REVIEW \n17 \n \n \nEND OF\nSAVINGS\n3 MONTHS\n2014 \nJan\n0.15-8.00\n3.00-20.00\nFeb \n0.15-8.00\n3.00-20.00\nMar\n0.15-8.00\n3.00-20.00\nApr\n0.15-8.00\n3.00-20.00\nMay\n0.15-8.00\n3.00-20.00\nJun\n0.15-8.00\n3.00-20.00\nJul\n0.15-8.00\n3.00-20.00\nAug\n0.15-8.00\n4.00-20.00\nSep\n0.15-8.00\n4.00-20.00\nOct\n0.15-8.00\n4.00-20.00\nNov\n0.15-8.00\n4.00-20.00\nDec\n0.15-8.00\n3.00-20.00\n2015 \nJan\n0.15-8.00\n3.00-17.00\nFeb\n0.50-12.00\n1.00-17.00\nMar\n0.50-12.00\n1.00-17.00\nApr\n0.30-8.00\n1.00-17.00\nMay\n0.30-8.00\n1.00-17.00\n* The range of rates qouted by banks during the period.\nTABLE 4.2 : BANKS DEPOSIT RATES (percent per annum)*\nCOMMERCIAL BANKS\n \n \nMONTHLY ECONOMIC REVIEW \n18 \n \n \n \n \nFOOD IN FLA TION\nA LL\nA LC OHOLIC \nB EV ER A GES \nC LOTHIN G\nHS IN G, WA TER ,\nFU R N ITU R E\nHEA LTH\nTR A N S POR T\nC OM M U N IC A TION\nR EC R EA TION &\nED U C A TION\nR ES TA U R A N TS &\nM IS C .\nTOTA L N ON\nFOOD & \nITEM S\n& TOB A C C O\nFOOTWEA R\nELEC TR IC TY , \nGA S\nA N D\nC U LTU R E\nHOTELS\nGOOD S &\nFOOD\nN ON A LC OHOLIC \nB EV ER A GES\n& OTHER\nEQU IPM EN T\nS ER V IC ES\nFU ELS\nWEIGHTS\n4 .3 8\n6 .0 5\n17.74\n9 .9 1\n2 .16\n9 .76\n3 .4 1\n2 .1\n5.6 7\n1.3 8\n3 .9 1\n6 6 .4 7\n3 3 .53\n10 0\n2013\nOC TOB ER\n1.2 1\n0 .0 0\n- 0 .0 1\n- 0 .3 6\n0 .0 6\n- 0 .3 2\n- 0 .0 7\n- 0 .15\n0 .0 2\n- 0 .0 8\n- 0 .2 0\n- 0 .0 4\n0 .0 4\n- 0 .0 1\nN OV EM B ER\n0 .3 8\n- 0 .19\n- 0 .0 1\n- 0 .3 7\n0 .10\n- 0 .13\n- 0 .0 1\n- 0 .13\n5.57\n1.0 8\n- 0 .2 7\n0 .4 3\n- 0 .6 0\n0 .0 9\nD EC EM B ER\n0 .14\n- 0 .0 1\n0 .3 7\n- 0 .2 9\n0 .12\n0 .2 7\n0 .0 5\n- 0 .2 2\n0 .0 0\n0 .0 0\n- 0 .4 6\n0 .0 8\n- 0 .4 1\n- 0 .0 8\n2014\nJA N U A R Y\n0 .2 0\n- 0 .0 7\n0 .0 0\n0 .0 1\n- 0 .2 3\n0 .0 1\n0 .0 0\n- 0 .0 7\n0 .0 2\n0 .16\n- 0 .0 9\n0 .0 0\n0 .4 4\n0 .14\nFEB R U A R Y\n- 0 .0 1\n- 0 .0 9\n- 0 .11\n- 0 .0 8\n0 .0 9\n0 .0 8\n0 .0 0\n- 0 .0 4\n0 .2 3\n- 0 .0 8\n0 .0 7\n- 0 .0 1\n0 .18\n0 .0 5\nM A R C H\n- 0 .0 5\n- 0 .0 6\n- 0 .8 2\n- 0 .12\n0 .0 2\n0 .0 0\n0 .0 1\n0 .0 0\n0 .0 0\n0 .0 1\n- 0 .3 0\n- 0 .2 6\n- 0 .14\n- 0 .2 2\nA PR IL\n0 .3 0\n- 0 .10\n- 0 .13\n- 0 .75\n0 .16\n0 .3 3\n- 0 .0 2\n0 .3 4\n12 .6 4\n- 1.0 2\n- 0 .0 3\n1.0 9\n- 0 .4 6\n0 .58\nM A Y\n0 .11\n- 0 .11\n- 0 .0 6\n- 0 .2 9\n0 .0 0\n0 .2 3\n- 0 .0 3\n- 0 .2 0\n0 .0 7\n- 0 .13\n- 0 .4 3\n- 0 .0 5\n- 0 .3 0\n- 0 .13\nJU N E\n- 0 .0 5\n0 .12\n0 .0 0\n0 .0 6\n0 .3 0\n- 0 .0 3\n0 .0 0\n- 0 .0 9\n0 .0 0\n- 0 .11\n0 .15\n0 .0 2\n- 0 .12\n- 0 .0 3\nJU LY\n- 0 .4 7\n- 0 .2 1\n0 .12\n0 .3 0\n- 0 .0 1\n0 .11\n- 0 .12\n- 0 .13\n- 0 .0 8\n1.79\n0 .8 5\n- 0 .3 7\n0 .2 5\n0 .0 1\nA U GU S T\n- 0 .8 1\n- 0 .0 5\n- 0 .0 9\n0 .0 0\n- 0 .14\n0 .0 4\n0 .2 8\n- 0 .0 6\n- 0 .0 8\n- 0 .0 2\n0 .0 2\n- 1.2 1\n- 0 .0 7\n- 0 .3 1\nS EPTEM B ER\n0 .10\n0 .14\n0 .4 5\n- 0 .2 7\n0 .2 1\n0 .3 8\n- 0 .0 6\n- 0 .14\n0 .0 0\n- 0 .4 0\n0 .11\n0 .15\n- 0 .3 4\n- 0 .0 1\nOC TOB ER\n0 .16\n0 .0 7\n0 .0 0\n- 0 .14\n- 0 .0 1\n- 0 .2 7\n- 0 .0 6\n- 0 .0 4\n0 .0 1\n0 .0 2\n0 .0 3\n- 0 .0 4\n- 0 .2 4\n- 0 .11\nN OV EM B ER\n0 .19\n0 .12\n- 0 .0 3\n- 0 .0 9\n0 .0 9\n0 .10\n0 .0 2\n0 .0 2\n- 9 .18\n- 0 .6 2\n0 .0 6\n- 0 .9 6\n- 0 .11\n- 0 .6 9\nD EC EM B ER\n0 .0 1\n- 0 .10\n0 .16\n- 0 .10\n0 .13\n0 .19\n0 .0 0\n- 0 .16\n0 .0 0\n- 0 .2 3\n- 0 .15\n0 .0 4\n- 0 .3 6\n- 0 .0 9\n2015\nJA N U A R Y\n- 0 .0 4\n- 0 .0 1\n0 .0 8\n0 .0 7\n0 .0 6\n- 0 .9 7\n- 13 .4 1\n0 .0 2\n- 0 .0 8\n- 0 .4 8\n0 .3 0\n- 0 .6 9\n0 .4 0\n- 0 .3 4\nFEB R U A R Y\n0 .2 5\n- 0 .3 5\n- 0 .0 9\n- 0 .11\n- 0 .0 2\n- 0 .4 1\n- 0 .10\n- 0 .17\n0 .0 0\n- 0 .2 8\n0 .10\n- 0 .13\n0 .0 5\n- 0 .0 7\nM A R C H\n0 .12\n- 0 .2 7\n- 0 .0 6\n- 0 .0 2\n- 0 .0 5\n0 .0 2\n0 .0 0\n0 .0 3\n0 .0 0\n0 .12\n0 .10\n- 0 .0 3\n- 0 .0 3\n- 0 .0 3\nA PR IL\n- 0 .6 3\n- 0 .0 1\n- 0 .71\n- 3 .3 5\n- 0 .4 6\n- 0 .0 5\n- 0 .15\n- 0 .13\n- 0 .0 7\n0 .59\n0 .4 1\n- 0 .0 4\n- 1.0 1\n- 0 .8 9\nM A Y\n- 0 .17\n- 0 .4 1\n0 .18\n- 0 .2 5\n0 .10\n- 0 .2 5\n- 0 .0 2\n- 0 .11\n0 .0 0\n- 0 .0 8\n- 0 .4 4\n- 0 .10\n- 0 .3 7\n- 0 .19\nN ON - FOOD IN FLA TION\nTABLE 5.1 : MONTHLY INFLATION -- PERCENTAGE CHANGE IN CONSUMER PRICE INDEX\n( DECEMBER 2012 = 100)\n \n \nMONTHLY ECONOMIC REVIEW \n19 \n \n \nFOOD \nIN FLA TION\nA LL\nA LC OHOLIC \nB EV ER A GES \nC LOTHIN G\nHS IN G, \nWA TER ,\nFU R N ITU R E\nHEA LTH\nTR A N S POR T\nC OM M U N IC A\nTION\nR EC R EA TION \n&\nED U C A TION\nR ES TA U R A N\nTS &\nM IS C .\nTOTA L N ON\nFOOD & \nITEM S\n& TOB A C C O\nFOOTWEA R\nELEC TR IC TY , \nGA S\nA N D\nC U LTU R E\nHOTELS\nGOOD S &\nFOOD\nN ON \nA LC OHOLIC \nB EV ER A GES\n& OTHER\nEQU IPM EN T\nS ER V IC ES\nFU ELS\nWEIGHTS\n4 .3 8\n6 .0 5\n17.74\n9 .9 1\n2 .16\n9 .76\n3 .4 1\n2 .1\n5.6 7\n1.3 8\n3 .9 1\n6 6 .4 7\n3 3 .53\n10 0\n2 0 13\nS EPTEM B ER\n4 .3 6\n0 .6 1\n3 .7\n- 0 .3 7\n2 .1\n5.0 6\n- 13 .6 6\n- 1.0 1\n5.74\n1.2 3\n0 .9 3\n1.4 5\n- 0 .3 2\n0 .8 6\nOC TOB ER\n5.2 3\n0 .2 5\n2 .9 6\n- 0 .7\n2 .2 1\n1.4\n- 13 .76\n- 0 .73\n9 .0 5\n0 .8 3\n- 0 .2\n1.2 5\n- 0 .74\n0 .59\nN OV EM B ER\n5.9 4\n- 0 .0 7\n3 .51\n- 1.0 3\n2 .4 2\n- 7.0 4\n- 13 .8 3\n- 0 .9 2\n11.19\n2 .0 6\n- 0 .3 5\n1.58\n- 1.51\n0 .54\nD EC EM B ER\n4 .2 6\n0 .0 9\n3 .6 3\n- 1.0 8\n2 .11\n1.6 1\n- 13 .9 9\n- 1.0 3\n11.2 9\n2 .0 3\n- 0 .8 7\n1.6 1\n- 2 .2\n0 .3 3\n2 0 14\nJA N U A R Y\n5.0 3\n0 .0 3\n3 .6 3\n- 1.0 7\n1.8 7\n1.6 2\n- 14\n- 1.12\n11.3\n2 .18\n- 0 .4 3\n1.6 7\n- 2 .0 8\n0 .4 1\nFEB R U A R Y\n2 .2 1\n- 0 .4 3\n3 .0 9\n- 1.3 5\n0 .4 4\n0 .0 5\n- 13 .8 6\n- 1.0 8\n11.4 7\n1.3 2\n- 1.4 5\n0 .9 3\n- 3 .2 6\n- 0 .4 9\nM A R C H\n1.6 7\n- 0 .53\n2 .2 1\n- 1.8 2\n0 .4\n- 0 .4 4\n- 13 .6 8\n- 1.2 1\n11.4 7\n2 .4 7\n- 1.8 2\n0 .51\n- 3 .71\n- 0 .9 1\nA PR IL\n1.78\n- 0 .55\n0 .4 6\n- 2 .6\n0 .2 2\n- 0 .11\n- 0 .6 2\n- 0 .9 3\n2 0 .71\n1.13\n- 1.56\n1.5\n- 3 .73\n- 0 .2 6\nM A Y\n1.9 1\n- 0 .8 3\n0 .3 9\n- 2 .6 2\n0 .2 9\n0 .8 6\n- 0 .6\n- 0 .6 4\n2 0 .79\n0 .9 5\n- 1.6 9\n1.6 2\n- 3 .75\n- 0 .19\nJU N E\n1.6 8\n- 0 .8 1\n0 .4\n- 2 .54\n0 .6 4\n0 .9 7\n- 0 .2 7\n- 0 .8 4\n2 0 .79\n0 .9 9\n- 1.6 7\n1.6 7\n- 3 .54\n- 0 .0 8\nJU LY\n- 2 .8 8\n1.6 4\n- 0 .6 8\n0 .7\n- 2 .4\n0 .8\n0 .5\n- 0 .4\n- 0 .8\n2 3\n1.8\n- 2\n1.9\n0 .3\nA U GU S T\n- 2 .79\n2 .0 2\n- 0 .4 4\n- 0 .1\n- 2 .5\n0 .6\n0 .7\n- 0 .3\n- 0 .8\n2 1.4\n0 .9\n- 2 .8\n1.6\n0 .2\nS EPTEM B ER\n2 .10\n- 0 .3 4\n- 0 .0 3\n- 2 .6 0\n0 .9 8\n0 .9 9\n- 0 .3 2\n- 0 .8 5\n2 1.4 2\n0 .2 8\n- 3 .0 6\n1.59\n- 2 .9 5\n0 .0 9\nOC TOB ER\n1.0 4\n- 0 .2 7\n- 0 .0 1\n- 2 .3 8\n0 .9 1\n1.0 4\n- 0 .3 1\n- 0 .75\n2 1.4 1\n0 .3 8\n- 2 .8 3\n1.59\n- 3 .2 3\n0 .0 0\nN OV EM B ER\n0 .8 4\n0 .0 4\n- 0 .0 3\n- 2 .11\n0 .9 1\n1.2 6\n- 0 .2 8\n- 0 .59\n4 .4 4\n- 1.3 1\n- 2 .50\n0 .17\n- 2 .75\n- 0 .78\nD EC EM B ER\n0 .71\n- 0 .0 5\n- 0 .2 4\n- 1.9 2\n0 .9 2\n1.18\n- 0 .3 3\n- 0 .53\n4 .4 5\n- 1.54\n- 2 .2 1\n0 .13\n- 2 .7\n- 0 .8\n2 0 15\nJA N U A R Y\n0 .4 7\n0 .0 0\n- 0 .16\n- 1.8 6\n1.2 1\n0 .19\n- 13 .6 9\n- 0 .4 4\n4 .3 5\n- 2 .16\n- 1.8 2\n- 0 .57\n- 2 .74\n- 1.2 8\nFEB R U A R Y\n0 .73\n- 0 .2 5\n- 0 .14\n- 1.8 8\n1.10\n- 0 .3 0\n- 13 .78\n- 0 .57\n4 .11\n- 2 .3 6\n- 1.8 0\n- 0 .6 8\n- 2 .8 7\n- 1.4 0\nM A R C H\n0 .9 0\n- 0 .4 6\n0 .6 2\n- 1.78\n1.0 3\n- 0 .2 8\n- 13 .78\n- 0 .54\n4 .11\n- 2 .2 6\n- 1.4 1\n- 0 .4 4\n- 2 .77\n- 1.2 0\nA PR IL\n- 2 .9 3\n0 .59\n- 1.0 7\n- 2 .6 2\n- 1.50\n0 .8 1\n- 0 .76\n- 13 .8 8\n- 0 .9 5\n- 7.0 2\n- 0 .8 4\n- 1.4 1\n- 2 .51\n- 2 .6 5\nM A Y\n0 .3 1\n- 1.3 7\n- 2 .3 9\n- 1.4 5\n0 .9 2\n- 1.2 3\n- 13 .8 7\n- 0 .8 6\n- 7.0 9\n- 0 .79\n- 1.4 2\n- 2 .56\n- 3 .0 0\n- 2 .70\nN ON - FOOD IN FLA TION\nTABLE 5.2 : YEARLY INFLATION -- PERCENTAGE CHANGE IN CONSUMER PRICE INDEX \\1\n(DECEMBER 2012 = 100)\n \n \nMONTHLY ECONOMIC REVIEW \n20 \n \n \nSA\nBW\nJAPANESE\nEUROPEAN\nPOUND\nEND OF\nRAND/1\nPULA/1\nYEN/1\nCURRENCY/2\nSTERLING/2\n2014\nJANUARY\n11.21\n9.09\n102.47\n1.35\n1.65\nFEBRUARY\n10.71\n8.85\n101.74\n1.37\n1.67\nMARCH\n10.56\n8.85\n102.38\n1.38\n1.68\nAPRIL\n10.57\n8.85\n102.38\n1.38\n1.68\nMAY\n10.44\n8.73\n101.61\n1.36\n1.67\nJUNE\n10.58\n8.67\n101.3\n1.36\n1.7\nJULY\n10.68\n8.85\n102.76\n1.36\n1.69\nAUGUST\n10.98\n9.07\n107.35\n1.29\n1.63\nSEPTEMBER\n11.26\n9.26\n109.39\n1.27\n1.63\nOCTOBER\n10.90\n9.11\n110.87\n1.26\n1.59\nNOVEMBER\n11.02\n9.22\n118.21\n1.38\n1.57\nDECEMBER\n11.56\n9.51\n119.65\n1.22\n1.56\n2015\nJANUARY\n11.55\n9.61\n117.85\n1.13\n1.51\nFEBRUARY\n11.55\n9.61\n119.17\n1.12\n1.54\nMARCH\n12.16\n9.96\n120.19\n1.08\n1.48\nAPRIL\n11.82\n9.74\n118.60\n1.11\n1.54\nMAY\n12.26\n9.92\n122.31\n1.02\n1.57\n TABLE 6 : SELECTED INTERNATIONAL EXCHANGE RATES\n \n \nMONTHLY ECONOMIC REVIEW \n21 \n \n \n \nForeign\nLoans & \nContigent\nOther\nNon Financial \nTOTAL\nEnd of\nNotes\nTotal\nOther Balances\nAdvnces\nAssets\nAssets\nAssets\n&\nBalances\nBalances \nBalances\nwith RBZ\nBond\nCoin\nwith\nwith Other \nat\nTrade\nTreasury\nAgric PEs\n2013\nCoins\nat Banks\nRBZ\nBanks\nForeign Banks\nBills\nBills\n Jan\n323.4\n378.5\n103.4\n182.3\n247.8\n0.0\n0.0\n1235.5\n52.2\n2694.9\n386.1\n205.7\n386.7\n4961.1\n Feb\n292.2\n357.7\n120.5\n234.6\n239.9\n0.0\n0.0\n1244.9\n27.7\n2689.3\n328.8\n208.0\n388.3\n4887.0\n Mar\n271.6\n345.7\n196.1\n198.9\n265.3\n0.0\n0.0\n1277.6\n26.1\n2715.8\n367.2\n228.8\n388.0\n5003.5\n Apr\n263.8\n383.6\n201.1\n272.9\n289.9\n75.3\n5.2\n1491.7\n26.3\n2595.8\n341.3\n207.0\n382.1\n5044.2\n May\n250.9\n400.9\n198.2\n296.7\n253.5\n75.4\n5.3\n1480.8\n25.8\n2673.2\n389.8\n208.0\n382.9\n5160.4\n Jun\n227.2\n416.4\n171.9\n257.5\n271.8\n75.5\n5.3\n1425.8\n26.0\n2698.3\n364.1\n217.8\n384.6\n5116.5\n Jul\n266.5\n352.8\n164.2\n266.1\n263.8\n110.2\n6.4\n1429.9\n26.5\n2701.3\n337.1\n229.8\n387.0\n5111.7\n Aug.\n322.8\n277.9\n136.4\n242.5\n237.8\n61.1\n6.4\n1285.0\n26.2\n2813.0\n367.0\n218.3\n385.2\n5094.7\n Sep\n334.1\n336.0\n178.0\n327.8\n226.3\n111.5\n6.0\n1519.7\n26.9\n2773.3\n298.8\n234.7\n386.4\n5239.8\n Oct\n379.4\n387.5\n137.1\n219.7\n260.9\n99.4\n5.0\n1489.0\n17.3\n2809.1\n316.7\n257.3\n371.5\n5260.9\n Nov\n333.3\n312.7\n160.2\n197.1\n261.1\n108.6\n6.5\n1379.5\n26.6\n2789.7\n291.3\n235.4\n369.8\n5092.3\n Dec\n354.8\n367.8\n135.5\n287.3\n199.9\n118.0\n6.6\n1469.9\n28.4\n2799.5\n490.8\n259.5\n347.6\n5395.7\n2014\n Jan\n356.9\n395.3\n134.1\n253.1\n153.0\n119.2\n5.4\n1417.0\n27.9\n2866.4\n516.1\n362.2\n353.9\n5543.5\n Feb\n334.3\n387.0\n130.5\n285.0\n131.2\n193.2\n5.4\n1466.6\n32.8\n2718.1\n534.5\n502.9\n351.1\n5606.0\n Mar\n304.6\n354.1\n147.4\n280.3\n165.9\n255.2\n5.4\n1512.9\n28.7\n2737.9\n522.7\n538.8\n349.7\n5690.7\n Apr\n353.3\n367.8\n154.4\n274.9\n205.7\n247.0\n5.4\n1608.4\n32.5\n2844.6\n534.1\n345.3\n348.6\n5713.6\n May\n327.8\n421.1\n120.5\n372.8\n211.5\n241.7\n5.4\n1700.6\n27.5\n2836.8\n591.4\n366.2\n347.1\n5869.6\n Jun\n347.1\n404.7\n166.4\n338.1\n198.0\n261.9\n0.0\n1716.1\n16.2\n2863.2\n607.8\n362.9\n346.4\n5912.6\n Jul\n347.1\n321.3\n176.7\n276.3\n186.0\n246.2\n0.0\n1553.7\n15.4\n2940.4\n597.5\n347.4\n345.6\n5800.0\n Aug\n360.7\n424.5\n178.5\n243.5\n173.9\n237.5\n0.0\n1618.6\n15.5\n2949.1\n609.5\n353.9\n346.4\n5892.9\n Sep\n255.6\n636.8\n183.0\n158.8\n176.0\n253.9\n0.0\n1664.2\n4.1\n2949.4\n624.6\n371.5\n341.5\n5955.3\n Oct\n226.1\n597.7\n175.0\n205.5\n180.3\n260.1\n0.0\n1644.7\n15.6\n2938.4\n594.4\n369.0\n341.8\n5903.8\n Nov\n258.9\n556.7\n169.1\n157.5\n178.5\n281.6\n0.0\n1602.2\n4.2\n2951.6\n597.5\n369.4\n341.1\n5865.9\n Dec\n0.4\n309.5\n465.7\n167.6\n151.9\n184.3\n285.4\n0.0\n1564.7\n4.1\n2758.6\n606.2\n343.7\n356.0\n5633.3\n2015\n Jan\n0.6\n222.5\n527.9\n159.0\n182.6\n163.6\n325.7\n0.0\n1581.9\n21.4\n2796.8\n557.7\n360.2\n366.1\n5684.2\n Feb\n0.4\n216.7\n501.2\n149.6\n183.2\n128.6\n344.6\n0.0\n1524.2\n17.9\n2792.5\n564.8\n325.3\n356.8\n5581.5\n Mar\n0.6\n246.9\n461.4\n147.8\n222.2\n121.6\n338.0\n5.4\n1543.8\n15.5\n2925.5\n527.3\n352.5\n362.0\n5726.6\n Apr\n0.7\n205.5\n492.8\n158.6\n218.5\n112.0\n335.1\n5.4\n1528.6\n18.2\n2967.1\n527.1\n364.2\n385.4\n5790.7\n May\n0.7\n237.3\n495.6\n135.1\n181.0\n101.4\n622.7\n5.5\n1779.2\n18.2\n2922.7\n525.7\n434.2\n384.3\n6064.3\nLiquid Assets\nTABLE 7.1: COMMERCIAL BANKS - ASSETS\nSecurities\nUS$ Millions\n \n \nMONTHLY ECONOMIC REVIEW \n22 \n \n \n \n \n \n \nDeposits\nCapital\nContigent\nOther\nTotal\nOf which\nand\nLiablities\nLiablities\nLiabilities to the \nEnd of\nDemand\nSavings and Short-term\nLong-term\nTotal\nForeign Liabilities\nRBZ\nOther Banks\nReserves\nPublic\n2013\n Jan\n2032.2\n866.1\n552.4\n3450.7\n266.1\n0.0\n27.8\n623.9\n386.1\n206.5\n4961.1\n3450.7\n Feb\n1987.8\n933.3\n491.5\n3412.5\n258.1\n0.0\n32.4\n631.9\n328.8\n223.3\n4887.0\n3417.9\n Mar\n1960.0\n976.3\n451.0\n3387.3\n290.9\n0.0\n32.8\n687.7\n367.2\n237.6\n5003.5\n3387.3\n Apr\n2074.5\n1046.3\n379.5\n3500.3\n247.6\n0.0\n37.9\n667.2\n341.3\n249.8\n5044.2\n3500.3\n May\n2066.0\n913.0\n479.9\n3459.0\n346.5\n0.0\n81.8\n674.4\n389.8\n209.0\n5160.4\n3459.0\n Jun\n2014.0\n919.6\n298.9\n3232.4\n553.0\n0.0\n74.1\n702.3\n364.1\n190.6\n5116.5\n3232.4\n Jul\n2054.1\n916.2\n245.9\n3216.2\n578.3\n0.0\n77.5\n699.7\n337.1\n202.9\n5111.7\n3216.2\n Aug.\n2017.4\n879.5\n253.2\n3150.1\n608.2\n0.0\n63.8\n694.9\n367.0\n210.8\n5094.7\n3150.1\n Sep\n2082.1\n899.3\n294.5\n3275.8\n674.6\n0.0\n74.0\n708.8\n298.8\n207.7\n5239.8\n3275.8\n Oct\n2125.9\n880.0\n349.3\n3355.2\n611.4\n0.0\n68.5\n703.0\n316.7\n206.0\n5260.9\n3355.2\n Nov\n1953.4\n861.2\n371.6\n3186.2\n627.8\n0.0\n75.8\n689.7\n291.3\n221.6\n5092.3\n3186.2\n Dec\n1980.4\n813.6\n517.1\n3311.1\n614.0\n0.0\n65.0\n730.9\n490.8\n184.0\n5395.7\n3311.1\n2014\n Jan\n2153.6\n802.7\n403.5\n3359.8\n661.3\n0.0\n55.9\n592.9\n516.1\n357.5\n5543.5\n3359.8\n Feb\n2111.8\n878.8\n494.6\n3485.2\n630.0\n0.0\n51.1\n609.5\n534.5\n359.0\n5669.5\n3485.2\n Mar\n2156.8\n919.6\n454.2\n3530.6\n635.5\n0.0\n44.8\n596.4\n522.7\n360.7\n5690.7\n3530.6\n Apr\n2267.5\n958.3\n435.7\n3661.5\n553.5\n0.0\n17.0\n595.0\n534.1\n352.4\n5713.6\n3661.5\n May\n2294.9\n975.8\n451.7\n3722.4\n585.0\n0.0\n13.7\n591.1\n591.4\n366.1\n5869.6\n3722.4\n Jun\n2248.9\n989.8\n506.1\n3744.8\n543.8\n0.0\n48.3\n591.2\n607.8\n376.7\n5912.6\n3744.8\n Jul\n2130.4\n892.9\n606.6\n3629.9\n560.8\n0.0\n39.5\n571.5\n597.5\n400.6\n5800.0\n3629.9\n Aug\n2202.3\n963.1\n539.9\n3705.3\n552.7\n0.0\n43.5\n580.7\n609.5\n401.2\n5892.9\n3705.3\n Sep\n2191.0\n1011.1\n562.6\n3764.8\n548.9\n0.0\n59.5\n544.8\n624.6\n412.7\n5955.3\n3764.8\n Oct\n2260.8\n1015.1\n509.9\n3785.8\n506.8\n0.0\n47.4\n543.3\n594.4\n426.0\n5903.8\n3785.8\n Nov\n2231.8\n943.4\n526.5\n3701.6\n509.4\n0.0\n90.6\n541.8\n597.5\n425.0\n5865.9\n3701.6\n Dec\n2101.6\n975.8\n453.2\n3530.5\n484.0\n0.0\n81.4\n713.6\n606.2\n217.5\n5633.3\n3530.5\n2015\nJan\n2056.2\n996.2\n561.7\n3614.0\n470.1\n0.0\n79.5\n728.5\n557.7\n234.3\n5684.2\n3614.0\nFeb\n2079.6\n876.1\n611.6\n3567.3\n426.6\n0.0\n75.6\n720.3\n564.8\n227.0\n5581.5\n3567.3\nMar\n2139.3\n940.4\n513.3\n3593.0\n461.1\n0.0\n101.9\n749.7\n527.3\n293.6\n5726.6\n3593.0\nApr\n2098.7\n943.5\n629.8\n3672.0\n448.9\n0.0\n103.4\n747.4\n527.1\n291.8\n5790.7\n3672.0\nMay\n2131.8\n1015.3\n615.3\n3762.4\n574.7\n0.0\n82.4\n814.7\n525.7\n304.4\n6064.3\n3762.4\nTABLE 7.2: COMMERCIAL BANKS - LIABILITIES\nUS$ Millions\nAmounts Owing to\n \n \nMONTHLY ECONOMIC REVIEW \n23 \n \n \nForeign\nLoans & \nContigent\nOther\nNon Financial \nTOTAL\nEnd of\nNotes\nTotal\nOther Balances\nAdvnces\nAssets\nAssets\nAssets\nBond\n&\nBalances\nBalances \nBalances\nLiquid\nwith RBZ\nCoins\nCoin\nwith\nwith Other \nat\nTrade\nTreasury\nAgris Pes\nAssets\nat Banks\nRBZ\nBanks\nForeign Banks\nBills\nBills\n2013\n Jan\n1.5\n2.7\n28.6\n0.0\n3.4\n0.0\n0.0\n36.2\n0.0\n236.7\n34.8\n60.2\n29.1\n397.0\n Feb\n4.7\n1.5\n18.4\n0.0\n4.5\n0.0\n0.0\n26.9\n0.0\n245.7\n34.8\n63.9\n28.9\n398.2\n Mar\n2.5\n1.1\n7.3\n-3.1\n1.2\n0.0\n0.0\n8.9\n0.0\n260.3\n34.2\n50.4\n28.8\n382.6\n Apr\n2.7\n1.3\n20.1\n-1.9\n1.2\n0.0\n0.0\n23.4\n0.0\n254.9\n34.2\n51.7\n27.7\n392.0\n May\n2.4\n4.1\n18.6\n-2.4\n4.5\n0.0\n0.0\n27.3\n0.0\n253.4\n34.6\n63.0\n12.7\n391.0\n Jun\n2.4\n3.6\n7.9\n1.1\n9.1\n0.0\n0.0\n24.1\n0.0\n260.3\n34.6\n51.4\n35.2\n405.6\n Jul\n1.9\n1.3\n2.8\n2.2\n3.4\n0.0\n0.0\n11.6\n0.0\n264.0\n34.8\n51.7\n35.5\n397.6\n Aug\n1.4\n1.7\n0.4\n0.6\n3.4\n0.0\n0.0\n7.4\n0.0\n265.6\n34.5\n45.5\n37.3\n390.3\n Sep\n1.2\n0.8\n0.0\n0.3\n3.4\n0.0\n0.0\n5.7\n0.0\n233.7\n35.8\n46.6\n38.6\n360.4\n Oct\n0.9\n0.5\n0.4\n0.6\n2.5\n0.0\n0.0\n4.8\n0.0\n234.8\n35.6\n41.3\n38.7\n355.2\n Nov\n0.4\n0.6\n0.1\n0.2\n2.5\n0.0\n0.0\n3.9\n0.0\n231.9\n35.5\n39.6\n38.3\n349.2\n Dec\n1.1\n0.5\n0.1\n0.4\n2.5\n0.0\n0.0\n4.6\n0.0\n232.7\n35.5\n29.2\n40.5\n342.5\n2014\n Jan\n0.1\n0.5\n0.0\n0.2\n1.8\n0.0\n0.0\n2.6\n0.0\n81.3\n10.0\n23.5\n34.7\n152.1\n Feb\n0.2\n0.4\n0.1\n0.1\n1.8\n0.0\n0.0\n2.5\n0.0\n77.6\n9.0\n24.1\n34.6\n147.9\n Mar\n0.1\n0.1\n0.1\n0.1\n1.6\n0.0\n0.0\n2.0\n0.0\n53.2\n8.7\n21.8\n32.5\n118.1\n Apr\n0.1\n0.4\n0.2\n0.3\n1.6\n0.0\n2.6\n5.2\n75.2\n8.5\n22.2\n32.4\n140.9\n284.4\n May\n0.2\n0.4\n0.0\n0.1\n0.3\n0.0\n0.9\n1.9\n68.7\n0.1\n14.6\n30.3\n114.6\n230.2\n Jun\n0.2\n0.2\n0.1\n0.0\n0.6\n0.0\n0.0\n1.2\n0.0\n66.8\n0.1\n14.7\n29.6\n112.4\n Jul\n0.2\n0.3\n0.0\n0.1\n0.3\n0.0\n0.0\n0.9\n0.0\n66.9\n0.1\n12.9\n28.7\n109.6\n Aug\n0.2\n0.7\n0.0\n0.1\n0.3\n0.0\n0.0\n1.3\n0.0\n64.4\n0.0\n19.4\n23.9\n109.0\n Sep\n0.4\n0.2\n0.0\n0.1\n0.3\n0.0\n0.0\n1.1\n0.0\n65.9\n0.1\n18.9\n19.7\n105.8\n Oct\n0.7\n0.7\n0.0\n0.1\n0.3\n0.0\n0.0\n1.7\n0.0\n68.3\n0.1\n10.8\n25.9\n106.9\n Nov\n0.6\n0.1\n0.0\n0.1\n0.3\n0.0\n0.0\n1.0\n0.0\n67.1\n0.1\n12.4\n25.8\n106.3\nDec\n0.9\n0.4\n0.0\n0.1\n0.3\n0.0\n0.0\n1.7\n0.0\n63.6\n0.1\n10.0\n24.6\n100.0\n2015\n Jan\n0.6\n0.3\n0.0\n0.1\n1.6\n0.0\n0.0\n2.0\n0.0\n70.2\n8.3\n19.0\n23.7\n123.8\n Feb\n0.4\n0.2\n0.1\n0.1\n1.6\n0.0\n0.0\n2.5\n0.0\n72.0\n8.3\n19.3\n23.6\n125.7\n Mar\n0.4\n0.1\n0.0\n0.1\n1.5\n0.0\n0.0\n2.1\n0.0\n73.3\n8.2\n18.5\n23.4\n125.5\n Apr\n0.3\n0.1\n0.0\n0.1\n0.2\n0.0\n0.0\n0.6\n0.0\n66.7\n0.0\n10.3\n21.3\n98.9\n May\n0.4\n0.0\n0.0\n0.0\n0.2\n0.0\n0.0\n0.6\n0.0\n67.9\n0.0\n9.6\n21.2\n99.3\nUS$ Millions\nTABLE 8.1 : ACCEPTING HOUSES - ASSETS\nLiquid Assets\nSecurities\n \n \nMONTHLY ECONOMIC REVIEW \n24 \n \n \nOf which\nDeposits\nCapital\nContigent\nOther\nTotal\nLiabilities to the \nand\nLiablities\nLiablities\nPublic\nEnd of\nDemand\nSavings and Short-term\nLong-term\nTotal\nForeign Liabilities\nRBZ\nOther Banks\nReserves\n2013\n Jan\n106.9\n91.7\n21.3\n220.0\n44.8\n0.0\n2.7\n-72.4\n34.8\n167.2\n397.0\n220.0\n Feb\n102.8\n66.0\n55.7\n224.5\n45.3\n0.0\n2.7\n-77.8\n34.8\n168.7\n398.2\n224.5\n Mar\n104.3\n62.3\n52.8\n219.5\n45.8\n0.0\n1.2\n-97.3\n34.2\n179.3\n382.6\n219.5\n Apr\n107.3\n64.6\n56.3\n228.3\n45.4\n0.0\n1.2\n-98.1\n34.2\n181.1\n392.0\n228.3\n May\n112.2\n67.1\n54.4\n233.6\n46.7\n0.0\n1.2\n-99.4\n34.6\n174.3\n391.0\n233.6\n Jun\n114.6\n56.2\n52.3\n223.1\n46.7\n0.0\n1.2\n-91.2\n34.6\n191.2\n405.6\n223.1\n Jul\n111.3\n82.7\n27.0\n220.9\n47.1\n0.0\n1.2\n-94.1\n34.8\n187.8\n397.6\n220.9\n Aug\n109.5\n80.6\n25.2\n215.2\n47.5\n0.0\n1.2\n-101.7\n34.5\n193.6\n390.3\n215.2\n Sep\n111.2\n82.6\n19.0\n212.8\n47.9\n0.0\n1.2\n-114.9\n35.8\n177.8\n360.4\n212.8\n Oct\n112.5\n80.4\n14.9\n207.8\n48.2\n0.0\n1.2\n-114.3\n35.6\n176.7\n355.2\n207.8\n Nov\n122.6\n59.7\n20.0\n202.3\n48.2\n0.0\n1.2\n-118.2\n35.5\n180.2\n349.2\n202.3\n Dec\n134.5\n56.4\n6.9\n197.8\n48.9\n0.0\n1.2\n-127.6\n35.5\n186.7\n342.5\n197.8\n2014\n Jan\n36.8\n57.7\n5.7\n100.1\n11.7\n0.0\n0.0\n0.7\n10.0\n29.5\n152.1\n100.1\n Feb\n47.6\n48.3\n0.0\n95.8\n11.7\n0.0\n0.0\n-10.9\n9.0\n42.3\n147.9\n95.8\n Mar\n41.0\n55.8\n0.0\n96.9\n12.0\n0.0\n0.0\n-17.7\n8.7\n18.4\n118.1\n96.9\n Apr\n57.4\n40.3\n0.0\n97.7\n12.2\n0.0\n0.0\n-19.8\n8.5\n42.4\n140.9\n97.7\n May\n42.8\n34.6\n0.0\n77.4\n0.0\n0.0\n0.0\n4.7\n0.1\n32.5\n114.6\n77.4\n Jun\n42.8\n33.2\n0.0\n76.0\n0.0\n0.0\n0.0\n2.3\n0.1\n33.7\n112.1\n76.0\n Jul\n42.6\n33.8\n0.0\n76.3\n0.0\n0.0\n0.0\n-8.7\n0.1\n41.8\n109.6\n76.3\n Aug\n36.4\n40.4\n0.0\n76.8\n0.0\n0.0\n0.0\n-7.8\n0.0\n40.0\n109.0\n76.8\n Sep\n40.9\n33.9\n0.0\n74.9\n0.0\n0.0\n0.0\n-7.6\n0.1\n38.4\n105.8\n74.9\n Oct\n39.9\n33.7\n0.0\n73.6\n0.0\n0.0\n0.0\n-9.6\n0.1\n42.8\n106.9\n73.6\n Nov\n39.4\n33.3\n0.0\n72.7\n0.0\n0.0\n0.0\n-10.9\n0.1\n44.4\n106.3\n72.7\nDec\n36.9\n31.2\n0.0\n68.1\n0.0\n0.0\n0.0\n-17.9\n0.1\n49.7\n100.0\n68.1\n2015\n Jan\n39.0\n40.9\n0.0\n80.0\n11.7\n0.0\n0.0\n-47.0\n8.3\n70.7\n123.8\n80.0\n Feb\n38.4\n40.4\n0.0\n78.7\n11.7\n0.0\n0.0\n-48.7\n8.3\n75.6\n125.7\n78.7\n Mar\n68.6\n12.1\n0.0\n80.7\n12.0\n0.0\n0.0\n-50.7\n8.2\n75.2\n125.5\n80.7\n Apr\n63.9\n0.0\n0.0\n63.9\n0.0\n0.0\n0.0\n-27.5\n0.0\n62.4\n98.9\n63.9\n May\n63.9\n0.0\n0.0\n63.9\n0.0\n0.0\n0.0\n-28.8\n0.0\n64.2\n99.3\n63.9\nAmounts Owing to\nTABLE 8.2 : ACCEPTING HOUSES - LIABILITIES\nUS$ Millions\n \n \nMONTHLY ECONOMIC REVIEW \n25 \n \n \nForeign\nMortgage\nOther\nOther\nNon Financial \nTOTAL\nEnd of\nNotes\nTotal\nOther Balances\nAdvances\nAdvances\nAssets\nAssets\n&\nBalances \nNostro \nwith RBZ/1\nBond\nCoin\nwith Other \nBalances\nTrade\nTreasury\nAgris Pes\nCoins\nat Banks\nBanks\nBills\n2013\nJan\n20.4\n125.5\n0.0\n0.2\n0.0\n0.0\n146.1\n0.0\n283.2\n118.5\n36.1\n121.4\n705.3\nFeb\n20.2\n64.3\n0.0\n0.0\n0.0\n0.0\n84.5\n0.0\n291.8\n117.9\n35.3\n121.4\n734.2\nMar\n18.8\n129.1\n0.0\n0.2\n20.0\n0.0\n168.1\n0.0\n291.4\n116.9\n39.5\n121.4\n737.3\nApr\n16.9\n159.8\n0.0\n0.2\n20.2\n0.0\n197.2\n0.0\n294.8\n115.5\n39.5\n122.1\n769.1\nMay\n30.2\n179.6\n0.0\n0.0\n20.3\n0.0\n230.0\n0.0\n307.3\n120.3\n40.4\n121.9\n819.9\nJun\n28.6\n178.8\n0.0\n0.0\n20.0\n0.0\n227.3\n0.0\n314.2\n122.4\n44.6\n121.8\n830.3\nJul\n26.1\n207.4\n0.0\n0.0\n20.0\n0.0\n253.5\n0.0\n312.4\n123.1\n48.3\n121.6\n858.9\nAug\n34.7\n204.1\n0.0\n0.0\n20.0\n0.0\n258.8\n0.0\n320.6\n123.0\n46.4\n124.1\n872.9\nSep\n36.4\n204.9\n0.0\n0.0\n20.0\n0.0\n261.3\n0.0\n353.4\n122.7\n51.9\n124.6\n913.9\nOct\n39.3\n186.8\n0.0\n0.0\n20.0\n0.0\n246.1\n0.0\n358.4\n128.2\n51.8\n122.4\n906.9\nNov\n39.7\n163.1\n0.0\n0.0\n40.0\n0.0\n242.8\n0.0\n361.6\n135.8\n43.6\n122.6\n906.4\nDec\n34.8\n158.8\n0.0\n0.0\n40.0\n0.0\n233.6\n0.0\n381.5\n127.7\n55.2\n123.0\n920.9\n2014\nJan\n30.9\n147.5\n0.2\n40.0\n0.0\n218.6\n0.0\n384.5\n136.4\n64.4\n125.3\n929.1\nFeb\n30.2\n165.0\n0.0\n0.2\n40.0\n0.0\n235.3\n0.0\n385.8\n132.0\n65.4\n125.4\n943.9\nMar\n47.5\n166.2\n0.0\n0.2\n40.0\n0.0\n253.8\n0.0\n390.4\n132.1\n68.8\n125.0\n970.1\nApr\n45.2\n161.0\n0.0\n0.2\n40.0\n0.0\n246.5\n0.0\n401.8\n132.4\n76.6\n124.7\n981.9\nMay\n47.7\n190.7\n0.0\n0.2\n40.0\n0.0\n278.6\n0.0\n394.0\n147.0\n82.7\n124.3\n1026.7\nJun\n39.5\n187.9\n0.0\n0.0\n40.0\n0.0\n267.4\n0.0\n400.0\n150.4\n84.0\n124.4\n1026.1\nJul\n40.6\n180.9\n0.0\n0.0\n40.0\n0.0\n261.5\n0.0\n431.8\n159.4\n84.1\n124.4\n1061.2\nAug\n17.8\n219.8\n0.0\n0.0\n51.4\n0.0\n289.1\n0.0\n442.4\n166.5\n86.4\n124.2\n1108.6\nSep\n51.2\n183.1\n0.0\n0.0\n51.4\n0.0\n285.7\n0.0\n452.1\n173.8\n95.6\n123.8\n1131.0\nOct\n37.1\n199.8\n0.0\n0.0\n51.7\n0.0\n288.6\n0.0\n483.1\n179.7\n102.2\n124.0\n1177.6\nNov\n53.2\n217.5\n0.0\n0.0\n32.8\n0.0\n303.5\n0.0\n512.4\n169.3\n109.0\n123.5\n1217.6\n Dec\n0.1\n47.0\n224.9\n0.0\n0.2\n52.6\n0.0\n324.8\n0.0\n512.9\n169.0\n102.9\n125.3\n1234.9\n2015\nJan\n0.1\n37.3\n196.0\n0.0\n0.1\n51.8\n0.0\n307.1\n0.0\n511.6\n172.1\n105.8\n126.1\n1222.6\nFeb\n0.1\n32.1\n244.4\n0.0\n0.1\n51.9\n0.0\n328.6\n0.0\n522.9\n176.2\n106.8\n125.8\n1260.2\nMar\n0.1\n52.4\n214.4\n0.0\n0.1\n52.0\n0.0\n319.0\n0.0\n508.7\n180.0\n122.5\n125.5\n1255.5\nApr\n0.1\n32.5\n243.2\n0.0\n0.1\n60.4\n0.0\n336.3\n0.0\n520.2\n182.5\n118.3\n124.8\n1282.0\nMay\n0.1\n33.6\n257.7\n0.0\n0.1\n60.1\n0.0\n351.5\n0.0\n448.7\n235.1\n137.5\n125.2\n1298.0\nLiquid Assets\nSecurities\nTABLE 9.1 : BUILDING SOCIETIES - ASSETS\nUS$ Millions\n \n \nMONTHLY ECONOMIC REVIEW \n26 \n \n \nOf which\nCapital\nOther\nTotal\nLiabilities to the \nand\nLiabilities\nPublic\nEnd of\nSavings and Short-term\nLong-term\nTotal\nForeign Liabilities\nOther Banks\nReserves\n2013\nMay\n315.3\n212.0\n527.4\n26.6\n49.4\n193.3\n23.6\n820.2\n527.4\nJun\n309.0\n222.6\n531.6\n0.0\n0.0\n198.3\n100.4\n830.3\n531.6\nJul\n339.1\n222.8\n561.9\n21.7\n50.2\n202.0\n23.5\n859.2\n561.9\nAug\n298.4\n270.1\n568.4\n0.0\n0.0\n206.3\n95.8\n873.1\n568.4\nSep\n336.1\n246.9\n583.0\n20.8\n77.8\n209.2\n23.4\n914.1\n583.0\nOct\n310.9\n264.9\n575.8\n21.0\n74.4\n212.0\n24.0\n907.2\n575.8\nNov\n328.9\n244.3\n573.1\n21.0\n72.3\n214.8\n25.4\n906.7\n573.1\nDec\n370.3\n197.3\n567.6\n30.8\n75.8\n219.5\n27.3\n921.0\n567.6\n2014\nJan\n313.9\n253.1\n567.0\n26.1\n80.6\n225.9\n29.5\n929.1\n567.0\nFeb\n318.7\n264.4\n583.1\n25.1\n81.3\n228.6\n25.8\n943.9\n583.1\nMar\n374.6\n234.6\n609.2\n24.7\n79.6\n231.4\n25.2\n970.1\n609.2\nApr\n358.4\n262.7\n621.1\n24.9\n76.5\n234.0\n25.4\n981.9\n621.1\nMay\n436.2\n233.2\n669.4\n24.7\n77.3\n238.0\n17.1\n1026.7\n669.4\nJun\n440.1\n212.2\n652.3\n34.8\n78.9\n243.1\n17.3\n1026.3\n652.3\nJul\n362.4\n302.9\n665.3\n30.1\n104.3\n244.2\n17.5\n1061.3\n665.3\nAug\n358.8\n336.8\n695.5\n35.7\n105.7\n250.6\n21.2\n1108.7\n695.5\nSep\n394.8\n297.6\n692.4\n54.2\n106.9\n253.5\n23.9\n1131.0\n692.4\nOct\n364.5\n368.0\n732.5\n54.2\n105.3\n258.5\n27.3\n1177.7\n732.5\nNov\n376.9\n392.0\n768.9\n54.6\n104.4\n262.9\n27.2\n1217.8\n768.9\nDec\n400.9\n387.5\n788.4\n54.2\n102.0\n262.7\n27.6\n1234.9\n788.4\n2015\nJan\n373.0\n397.1\n770.2\n54.6\n99.1\n267.8\n31.0\n1222.6\n770.2\nFeb\n405.8\n400.3\n806.2\n53.6\n98.3\n272.9\n29.2\n1260.2\n806.2\nMar\n408.1\n386.3\n794.4\n50.8\n108.8\n275.8\n25.8\n1255.5\n794.4\nApr\n464.1\n364.8\n828.9\n48.3\n99.4\n276.8\n28.7\n1282.0\n828.9\nMay\n472.0\n391.6\n863.6\n48.5\n87.4\n270.7\n27.8\n1298.0\n863.6\nDeposits\nTABLE 9.2 : BUILDING SOCIETIES - LIABILITIES\nUS$ Millions \nAmounts Owing to\n \n \nMONTHLY ECONOMIC REVIEW \n27 \n \n \n \n \n \n \nMarket Capitalisation\nIndustrial\nMining\nMarket Turnover(US$) Volume of Shares\nUS$ Millions\n2014\nJan\n189.25\n35.4\n63,972,387.0\n170,104,078\n4,882.1\nFeb\n189.45\n39.24\n25,811,746.9\n135,455,029\n4,906.9\nMar\n176.32\n29.51\n28,884,400.2\n381,649,234\n4,560.3\nApr\n172.91\n29.64\n51,346,054.5\n429,085,166\n4,473.5\nMay\n174.89\n35.45\n35,903,574.8\n235,704,129\n4,485.1\nJun\n186.57\n61.32\n28,544,304.7\n178,469,676\n4,873.4\nJuly\n188.07\n95.00\n25,224,550.4\n322,407,141\n4,959.2\nAug\n196.43\n104.8\n66,399,632.9\n328,161,452\n5,186.6\nSep\n195.25\n92.75\n34,056,010.7\n210,942,393\n5,140.2\nOct\n177.88\n70.38\n28,256,642.5\n156,444,539\n4,664.8\nNov\n171.45\n64.39\n34,765,242.8\n155,854,066\n4,517.9\nDec\n162.79\n71.71\n29,701,204.8\n475,024,051\n4,327.0\n2015\nJan\n164.9\n58.13\n16,062,740.8\n57,390,451\n4,365.1\nFeb\n167.16\n55.38\n34,775,616.2\n119,324,114\n4,353.4\nMar\n158.22\n43.92\n18,903,881.0\n405,884,918\n4,117.1\nApr\n156.23\n42.93\n29,188,562.0\n563,833,853\n4,066.1\nMay\n152.96\n44.45\n23,280,422.2\n290,320,685\n3,978.1\nIndices\nTable 10: ZIMBABWE STOCK MARKET STATISTICS\n \n \nMONTHLY ECONOMIC REVIEW \n28 \n \n \nCommercial\nBuilding \nEnd of\nBanks\nP.O.S.B.\nSocieties\nTOTAL\n2014\nMay\n1,427.5\n77.5\n669.4\n2,209.0\nJun\n1,495.8\n81.3\n652.3\n2,262.6\nJul\n1,499.5\n84.2\n665.3\n2,282.7\nAug\n1,502.9\n84.0\n695.5\n2,322.9\nSep\n1,573.8\n88.6\n692.4\n2,388.8\nOct\n1,525.0\n87.5\n732.5\n2,378.7\nNov\n1,469.9\n89.8\n768.9\n2,361.8\nDec\n1,473.1\n84.8\n788.4\n2,377.5\n2015\nJan\n1,557.9\n86.3\n770.2\n2,455.2\nFeb\n1,487.7\n90.4\n806.2\n2,384.2\nMar\n1,453.7\n93.6\n794.4\n2,353.9\nApr\n1,573.3\n90.4\n828.9\n2,492.6\nMay\n1,630.6\n89.2\n863.6\n2,583.4\n1/ Comprises all deposits other than demand deposits.\nTABLE 11 : SAVINGS /1 WITH FINANCIAL INSTITUTIONS\nUS$ Millions\n \n \nMONTHLY ECONOMIC REVIEW \n29 \n \n \n \nLiquid\nPrescribed\nExcess\nLiquid\nPrescribed\nExcess\nassets\nliquid\nliquid\nassets\nliquid\nLiquid\nEnd of\nheld\nassets/1\nassets\nheld\nassets/1\nassets\n2014\nMay\n1,700.6\n1,116.7\n583.9\n1.9\n23.2\n-21.3\nJun\n1,716.1\n1,123.4\n592.7\n1.2\n22.8\n-21.6\nJul\n1,553.7\n1,089.0\n464.7\n0.9\n22.9\n-22.0\nAug\n1,618.6\n1,111.6\n507.0\n1.3\n23.0\n-21.7\nSep\n1,664.2\n1,129.4\n534.7\n1.1\n22.5\n-21.3\nOct\n1,644.7\n1,135.7\n508.9\n1.7\n22.1\n-20.3\nNov\n1,602.2\n1,110.5\n491.7\n1.0\n21.8\n-20.8\nDec\n1,571.0\n1,107.9\n463.1\n1.7\n20.4\n-18.7\n2015\nJan\n1,581.9\n1,084.2\n497.7\n2.0\n24.0\n-22.0\nFeb\n1,524.2\n1,070.2\n454.0\n2.5\n23.6\n-21.2\nMar\n1,543.8\n1,077.9\n465.9\n2.1\n24.2\n-22.1\nApr\n1,528.6\n1,101.6\n427.0\n0.6\n19.2\n-18.6\nMay\n1,779.2\n1,128.7\n650.4\n0.6\n19.2\n-18.5\n1/ With effect from 1 August 2011, the prescribed liquid asset ratio was reviewed to 25% of liabilities to the public, from 20%. \nUS$ Millions\nTABLE 12 : ANALYSIS OF LIQUID ASSETS OF MONETARY BANKS \nCommercial Banks\n Accepting Houses\n \n \nMONTHLY ECONOMIC REVIEW \n30 \n \n \nMONTH \nZETSS \nCHEQUE \nPOS\nATM\nMOBILE\n INTERNET\n2014\nJan\n3093.01\n5.24\n102.26\n233.1\n228.25\n68.31\nFeb\n2954.93\n10.73\n96.27\n193.9\n217.14\n64.42\nMar\n3332.79\n10.4\n103.58\n232.94\n255.32\n87.94\nApr\n3439.33\n9.66\n126.26\n253.16\n264.38\n96.29\nMay\n3915.31\n13.65\n117.11\n181.35\n146.64\n121.98\nJun\n3657.44\n12.42\n110.38\n250.87\n284.18\n104.28\nJul\n3955.45\n11.72\n125.81\n267\n312.35\n101.75\nAug\n3467.34\n9.36\n135.9\n273.39\n320.36\n103.26\nSep\n4037.98\n11.16\n138.09\n280.8\n341.23\n115.94\nOct\n3843.84\n13.58\n150.09\n291.68\n362.30\n117.40\nNov\n4104.33\n9.33\n160.40\n299.94\n358.76\n103.76\nDec\n4615.04\n11.53\n148.5\n336.65\n395.93\n124.33\nAnnual Total\n44416.79\n128.78\n1514.646\n3094.779\n3486.839\n1209.657\n2015\nJan\n3659.00\n11.81\n154.43\n311.94\n352.18\n113.46\nFeb\n3221.13\n13.69\n141.79\n275.8\n334.62\n104.62\nMar\n3801.96\n11.11\n131.97\n298.30\n364.69\n111.70\nApr\n3919.47\n10.81\n133.99\n299.67\n341.22\n112.38\nMay\n3467.1\n13.08\n128.76\n316.66\n389.97\n124.5\nTABLE 13.1 : ZETSS AND RETAIL PAYMENTS TRANSACTIONAL ACTIVITY\nValues of Transactions (US$ millions)\n \n \nMONTHLY ECONOMIC REVIEW \n31 \n \n \n \nMONTH \nZETSS \nCHEQUE \nPOS\nATM\nMOBILE\n INTERNET\n2014\nJan\n182.48\n29.41\n973.79\n815.89\n11141.19\n24.19\nFeb\n175.09\n32.95\n991.91\n799.12\n10631.6\n25.1\nMar\n192.02\n32.35\n1163.76\n947.64\n12859.5\n30.82\nApr\n183.63\n28.12\n1184.85\n974.37\n13298.04\n29.23\nMay\n215.2\n37.09\n954.18\n793.43\n12146.9\n38.68\nJun\n193.58\n32.98\n1164.73\n966.45\n14163.56\n34.25\nJul\n199.59\n34.34\n1272.91\n1038.44\n15370.63\n37.68\nAug\n170.86\n27.25\n1300.35\n1122.41\n16268.07\n33.84\nSep\n197.88\n30.39\n1158.84\n1057.48\n15991.79\n39.35\nOct\n200.32\n34.58\n1193.38\n1086.16\n17527.40\n40.96\nNov\n171.45\n27.66\n1143.69\n1077.30\n17876.31\n42.01\nDec\n189.83\n27.49\n1161.59\n1162.71\n19347.91\n40.49\nAnnual Total\n2271.926\n374.61\n13663.98\n11841.396\n176622.897\n416.599\n2015\nJan\n170.77\n29.55\n1174.09\n1124.49\n16903.26\n37.60\nFeb\n172.25\n32.23\n1140.94\n1027.88\n16160.42\n39.94\nMar\n191.64\n30.33\n1183.64\n1110.17\n18211.89\n44.48\nApr\n180.34\n26.98\n1151.25\n1107.52\n17269.69\n43.55\nMay\n179.76\n27.38\n1052.50\n1123.77\n18684.62\n43.22\nTABLE 13.2 : ZETSS AND RETAIL PAYMENTS TRANSACTIONAL ACTIVITY\nVolumes of Transactions (in thousands)\n \n \n32 \n \nMONTHLY ECONOMIC REVIEW", "source": "SARB", "stratum": "cb_requests", "fetch_date": "2026-05-11", "url": "file:///SARB/MPC_Statements/May2015.pdf"} |