3Q08 Economy Performance

(1) GDP
3Q08 (yr-yr): -0.6% (LastQ: 2.3%)
2008 Forecast: 2.5%
2009 Forecast: -1 to 2%

(2) CPI
(A) Mth-Mth
Jul: 1.2%
Aug: 0.2%
Sep: No change

(B) Yr-Yr
Jul: 6.5%
Aug: 6.4%
Sep: 6.7%

(C) 1st 9mths: 6.9%

(3) Employment
3Q08: 57.8k (LastQ: 71.4k)

(4) Retrenchment
3Q08: 2k (LastQ: 1,798)

(5) Unemployment
3Q08: 2.2% (LastQ: 2.2%)

* MTI-GDP *
* StatSing: CPI7, CPI8, CPI9 *
* MOM-Employment *