Trade
 
PRODUCTION                  
    Dec-03 Jan-04 Feb-04 Mar-04 Apr-04

May-04

June-04 July-04
Minerals                  
Diamonds 000carats 39.90 55.35 67.20 61.73 72.59 49.71 89.56 59.19
Agriculture                  
Coffee M tons n.a n.a n.a n.a n.a n.a n.a n.a
Cocoa M tons 195.00R n.a n.a n.a n.a n.a n.a n.a
Manufactured Goods                  
Beer and Stout 000 ctns 83.23 32.87 45.91 64.11 70.29 79.33 67.94 85.31
Maltina 000 ctns 17.26 6.95 8.75 9.49 4.75 20.66 10.41 10.53
Soft Drinks 000crates 75.30 99.95 78.33 150.51 151.94 131.66 130.58 147.54
Cement 000 M tons 12.72 13.73 19.71 15.83 14.70 16.60 15.18 13.03
Salt M tons 22.66 20.65 1973.04 ** ** ** ** **
Paint 000gallons 22.66 20.65 10.45 13.47 15.69 17.98 16.72 9.12
Plastic Footwear 000pairs 84.24 85.97 823.53 ** ** ** ** **
Acetylene 000 Cu Ft 5.63 5.40 6.88 ** ** ** ** **
Oxygen 000 Cu Ft 92.77 64.23 60.46 ** ** ** ** **
Confectionery 000' lbs 159.60 269.10 253.98 249.15 206.36 251.48 246.41 228.77
                   
Sources: - Manufacturing Industries, Government Gold and Diamond Office                
                   
INTEREST RATES                  
                   
   

Dec-03

Jan-04 Feb-04 Mar-04 Apr-04

May-04

June-04 July-04
Treasury Bills (3-months) % 20.20 21.44 23.98 26.53 25.99 27.10 24.85 25.63
Treasury Bearer Bonds (1year) % 17.00 18.00 20.00 25.00 24.00 25.00 25.00 25.00
Deposits                  
       Savings % 5.50 5.70 6.00 6.37 7.17 7.50 7.83 7.83
1-3 month % 8.42 8.62 8.92 9.17 9.92 10.34 10.69 10.67
3-6 month % 9.67 9.87 10.19 10.43 11.08 11.37 11.60 11.58
6-9 month % 9.50 9.80 10.25 10.63 11.75 12.19 12.63 12.63
9-12 month % 11.50 11.74 12.10 12.40 13.30 13.30 13.30 13.30
Lending (Prime) % 20-30 20-29 20-29 20-29 22-29 22.30 23.30 23.30
                   
SOURCE: - BANK OF SIERRA LEONE                
                   
                   
EXCHANGE RATES (AVERAGE MONTHLY BUYING)                
                   
   

Dec-03

Jan-04 Feb-04

Mar-04

Apr-04

May-04 June-04 July-04
                   
Leone to Dollar                  
OfficialR Le/$ 2509.70 2561.87 2593.34 2617.50 2626.17 2633.48 2659.15 2669.91
Commercial Banks Le/$ 2380.36 2527.29 2531.55 2574.15 2557.00 2614.78 2612.32 2636.19
Bureaux Le/$ 2563.37 2543.80 2646.99 2626.35 2668.82 2668.03 2661.14 2674.75
Parallel Market Le/$ 2731.24 2769.55 2781.82 2793.76 2794.95 2941.30 2965.30 2888.09
Leone to PoundR Le/£ 4442.13 4758.79 4924.61 4783.07 4739.48 4698.05 4863.96 4921.10
                   
SOURCE: - BANK OF SIERRA LEONE                
                   
                   
EXCHANGE RATES (AVERAGE MONTHLY SELLING)                
                   
   

Dec-03

Jan-04 Feb-04 Mar-04 Apr-04 May-04 June-04 July-04
                   
Leone to Dollar                  
Auction Le/$ 2667.13 2676.70 2718.71 2745.12 2685.08 2743.12 2750.28 2748.06
OfficialR Le/$ 2560.40 2613.62 2645.74 2670.38 2679.22 2686.69 2712.87 2723.85
Commercial Banks Le/$ 2564.95 2603.28 2664.53 2679.34 2701.39 2682.92 2730.14 2736.23
Bureaux Le/$ 2632.54 2596.59 2621.78 2663.66 2705.55 2710.24 2737.93 2754.04
Parallel Market Le/$ 2739.79 2777.40 2790.39 2802.15 2803.16 2951.10 2974.84 2894.89
Leone to PoundR Le/£ 4532.74 4855.57 5024.90 4880.57 4836.07 4793.69 4962.95 5021.29
                   
Source - Bank of Sierra Leone                
                   
FOREIGN EXCHANGE AUCTION                  
    July-07-04 July-14-04 July-21-04

July-28-04

Monthly Average

     
Auction Rates/ Weighted Average Le/ $ 2767.25 2772.04 2695.08 2757.86 2748.06      
Clearing Rate Le/ $ 2762.00 2766.00 2100.00 2745.00 2593.25      
                   
Source: Bank of Sierra Leone                  
                   
EXTERNAL TRADE                  
   

Dec-03

Jan-04 Feb-04 Mar-04 Apr-04 May-04 June-04 July-04
Total Imports o/w   19098.93 16809.23 15381.50 23375.43 30078.53 27666.50 27148.09 20968.63
Rice 000$ 1378.58 717.41 591.06

**

5715.01 9854.45 1620.21 **
Petroleum Products 000$ 3542.71 4815.45 5635.61 10939.70 13561.50 4343.26 10431.12 7560.61
o/w fuel 000$ 2003.16 3932.07 2993.40 7387.61 11278.57 1560.64 5727.96 6627.35
others 000$ 14177.64 11276.37 9154.82 12435.74 10802.02 13468.79 15096.76 13408.02
Total Exports o/w 000$ 11724.90 7435.72 10758.58 12992.81 13285.39 10216.37 18769.39 13160.37
                   
Diamonds 000$ 6465.40 6723.55 9956.72 12186.65 12270.15 9824.06 17371.97 12925.17
Cocoa 000$ 221.25 ** ** ** ** ** ** **
Coffee  000$ ** ** ** ** ** ** ** **
Others 000$ 137.32 352.03 260.00 217.29 628.21 234.86 763.04 189.51
Re-exports 000$ 4900.93 360.14 541.86 588.87 387.03 157.45 634.38 45.69
Trade Balance   -7374.03 -9373.51 -4622.92 -10382.62 -16793.14 -17450.13 -8378.70 -7808.26
                   
Vol. Of Imports                  
Rice M tons 6825.00 4000.00 2700.00 ** 25300.00 43000.00 6770.00 **
Petroleum Product (fuel) M tons 6154.61 12185.48 12076.94 26500.36 31156.29 3811.19 13694.09 16011.70
                   
Vol. Of Exports                  
Diamonds 000CARAT 39.90 55.35 67.19 61.73 72.59 49.71 89.56 59.19
Cocoa M tons 195.00 ** ** ** ** ** ** **
Coffee  M tons ** 9.00 ** ** ** ** ** **
External Reserves $ Mn  66.45 57.15 50.76 64.86 72.64 71.99 67.54 65.44
                   
                   
Sources: - Customs and Excise Department, Government Gold and Diamond Office, Bank of Sierra Leone                
                   
                   
INFLATION RATES                  
                   
    Dec-03 Jan-04 Feb-04 Mar-04 Apr-04 May-04 June-04 July-04
Monthly Inflation Rate % -0.19 4.46 1.30 -1.87 0.86 2.05 2.43 0.18
Inflation Rates (Yr-on-Yr) % 11.29 15.31 15.11 11.18 12.70 14.47 14.62 13.97
Consumer Price Index   567.15 592.47 600.17 588.92 593.97 606.14 620.89 621.99
                   
Source: Statistics Sierra Leone                
                   
                   
GOVERNMENT FINANCES