ECONOMIC DATA ABROAD

ECONOMIC DATA ABROAD

CAPITAL ACCOUNT DEFICIT

NARROWS IN GERMANYFRANKFURT, West Germany - West Germany posted a capital account deficit in balance of payments of 6.44 billion deutsche marks ($3.8 billion) in January from DM13.13 billion in December and DM9.53 billion in January 1989, according to provisional figures released by the Bundesbank Monday.

The long-term capital account posted a deficit of DM546 million compared with a deficit of DM5.64 billion in December. The short-term capital account showed a deficit of DM5.89 billion in January compared with a deficit of DM7.49 billion in December.

The West German balance of payments surplus widened to DM1.02 billion in January, from DM567 million in December.

The balance of payments is the sum of the current account, capital account and other transfers.

PRODUCER OUTPUT PRICES

RISE SLIGHTLY IN UK

LONDON - U.K. producer output prices rose by 0.4 percent in February

from January, the Central Statistical Office said Monday.

Producer output prices rose 5.4 percent from February 1989, the CSO said. The index for food and tobacco rose 0.3 percent in the month, while the index for all other manufactured goods rose 0.6 percent.

The CSO said the year-over-year data had shown little change since the start of 1989.

Adjusted input prices fell 1 percent in February and rose 2.7 percent

from a year earlier, the CSO said. The index of input costs is now at its lowest level since March 1989, the CSO added.

SPAIN'S JOBLESS RATE

DECLINES TO 16.35 PERCENT

MADRID, Spain - Spanish unemployment dropped 0.11 percent to 2.44 million people in February compared with January, bringing the unemployment rate to 16.35 percent of the work force, the Labor Ministry announced Monday.

MALAYSIA'S ECONOMY

EXPANDED 8.5 PERCENT IN '89

KUALA LUMPUR, Malaysia - Malaysia's economy grew 8.5 percent in 1989, the second highest in a decade after the 8.7 percent growth rate recorded the previous year, Trade and Industry Minister Rafidah Aziz said Monday.

FEBRUARY DIP FORECAST

IN JAPAN TRADE SURPLUS

TOKYO - Economists see Japan's February unadjusted custom-cleared trade surplus at an average $4.11 billion, sharply down from $7.23 billion a year earlier.

A Knight-Ridder Financial News survey of 11 economists at top securities firms, city banks and research institutes Monday produced forecasts ranging

from $5.5 billion to $4 billion.