Translation of "taux d'accroissement aux prix courants " (French → English) :

It provides the net smelter return (26) for the owner of the mine: firstly, the value of the contained metals (lead, silver and zinc) is calculated, on the basis of the current prices and the available quantities; secondly, the ‘smelter pay schedule’ (the cost of further processing, charged by the buyer of the minerals to their producer) is applied, taking into account specific conditions for the deduction of that cost (specific depreciation percentages, treatment and refining charges and freight costs); finally, the smelter pay schedule is deducted from the above value of the contained metals (27).

external imbalances, including those that can arise from the evolution of current account and net investment positions of Member States; real effective exchange rates; export market shares; changes in price and cost developments; and non-price competitiveness, taking into account the different components of productivity.

Establish an enhanced analytical surveillance framework (including a scoreboard with specific trigger values for early warning) with appropriate methodological tools and transparency for an effective multilateral surveillance based on harmonised economic indicators (real and nominal), which may affect competitiveness positions and/or excessive imbalances; these key indicators may be: effective real exchange rates, current account, productivity (including resource productivity and total-factor productivity), unit labour costs, credit growth and asset price developme ...[+++]nts (including financial assets and property markets), the growth and investment rate, the unemployment rate, net foreign asset positions, the evolution of the tax basis, poverty and social cohesion and indicators of environmental externalities; alert thresholds should be defined for indicators included in the scoreboard and all developments in these indicators should be complemented by a qualitative assessment by the Commission,

Not even the development of income over the 10-years-period has been particularly favourable to tobacco farms (+45% at current prices or 10% at constant prices and constant currency rates) compared to the average of all sectors (+75% in nominal terms or 47% in real terms).

For central government finances, current nominal primary expenditure will be capped at 4% per year until 2005, i.e. about 1¾ pp below average nominal GDP growth.

This was partially the result of lower-than-estimated prices, but also of higher than projected expenditure, at current prices, in the health insurance and local authorities' sectors.