Statement on Monetary Policy August 2009

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• Introduction
• International Economic Developments
• Box A: Inventories and the Business Cycle
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• Box B: Some Aspects of China's Recent Growth
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• International and Foreign Exchange Markets
• Box C: Gross International Capital Movements
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• Domestic Economic Conditions
• Box D: The Expected Pick-up in the Home-building Sector
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• Domestic Financial Markets
• Price and Wage Developments
• Economic Outlook
• List of graphs
• List of tables

The material in this Statement on Monetary Policy was finalised on 6 August 2009.

ISSN 1448–5133 (Print)
ISSN 1448–5141 (Online)