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Retail sales grow strongly in Aug with 5.3 pct YoY rise
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Energy drives producer prices down by 1.1 pct YoY Sep as all other components rise
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Economic sentiment picks up in Oct, consumer confidence sliding again
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Unemployment unchanged at 8.2 pct in Sep
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Business loans drive credit growth of 10.7 pct in Sep
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Corporate deposits propel savings increase to 208 bln in Sep
PBO sees just 2.7% growth this year, warns about private debt
Parliament’s Budget Office (PBO) published on Tuesday its report for the fourth quarter of 2020, also updating its macro estimates for 2021.
Following the extension of the lockdown into the full first quarter of 2021 and delays in the rollout of vaccinations across Europe, there are significant risks to economic activity. According to the PBO, this will lead to subdued growth of 2.7 pct for ...
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