Page 89 - ARUBA BANK

2,3
2,7
2,4
Eurogebied
2,4

2,2
1,9

Grondstoffenprijzen (gemiddelde)

Olieprijs (WTI, US$/vat)
51
62
61

Goudprijs (US$/oz.)
1.258
1.300
1.336
2017: actuele gegevens (behalve BBP Aruba); 2018-2019: verwachtingen

An Update of the Economic Forecast Monitor
Press release
July 2, 2018

Today the Centrale Bank van Aruba (CBA) publishes an update of the Economic Forecast
Monitor (EFM) on its website. The EFM provides an overview of both local and global economic
forecasts by different institutions. This update also includes the local forecasts earlier published
in the CBA’s Economic Outlook. A summary of the forecasts is presented below.

For 2018, economic output is projected to edge up by 0.3% (in real terms), significantly lower
compared to the previous estimation, which is mainly due to limited business investments and
oil-refinery related activities. Nevertheless, 2018 will be the second year of positive growth, after