Figure 1 Selected Economic Indicators 2001  2002  2003  2004  Real GDP Growth (%)  4.3  6.8  13.2  6.2  Energy Sector (%)  5.6  13.5  31.2  10.5  Non-Energy Sector (%)  2.8  3.4  3.8  2.9  Inflation: annual average (%) end of period  5.5 3.2  4.2 4.3  3.8 3.0  3.7r 5.6  Unemployment Rate (%)  10.8  10.4  10.5  8.6*  Fiscal Balance  -0.1  0.3  1.4  2.1r  External Current Account Balance  4.7  0.6  9.3  13.0  Central Government External Debt  17.7  17.7  15.0  13.1  Central Government Domestic Debt  18.7  19.6  15.8  15.9  1,585.5  1,907.4  2,241.9  2,975.5  In per cent of GDP  Net Official Reserves $  First, on the screen you can see a snapshot of the evolution of the main macroeconomic indicators over the past four years.
As these underlying inflation statistics – available today – contain information that is valuable for predicting the level of headline inflation in the future, when short-term shocks that may influence its level today have faded away, we want to cross-check our medium-term projections for headline inflation with these measures.