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Energy powers producer price jump of 20.4% YoY in Sep, highest since 2022
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Inflation and high tourism season push retail sales up by 8.2% in August
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Unemployment broadly steady at 7.6% in September
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Economic sentiment moderates in Oct as consumer confidence falls sharply
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Business loans and consumer credit drive 6% YoY expansion in September
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Corporations raise private sector deposits to highest level since March 2010
Budget primary confirmed at deficit of 1.47 bln in Jan as taxes dwindle
The primary balance was below its target by 442 million euros. Expenditure excluding interest payments and the public investment budget came to 4.22 billion euros. Net revenues came to 3.85 billion euros, below target by 812 million euros.
The monthly primary balance for January improved from a monthly deficit of 4.45 billion noted in December. The overall budget balance in January came to a deficit of 1.56 billion euros compared to a deficit of 768 million euros in January 2020.
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