-
Energy drives import price drop of 2.1 pct YoY in July
-
Wages grew by 8.7 pct YoY in Q2 thanks to strong seasonal hires
-
Car sales record modest rise in August, up 3.3 pct YoY in 8M
-
Electricity drags industrial production down by 0.5 pct YoY in July
-
August CPI moderates sligthly to 2.9 pct YoY, rents climb by 10.9 pct
-
Trade deficit growth slows to 4 pct YoY in July driven by oil and non-EU markets
PBO ups growth estimate to 3.6-4.8 pct, warns of complacency and inequality risks
Following the positive developments in the first quarter of the year, when the economy only shrank by 2.3 pct on an annual basis, in its latest quarterly report the Parliamentary Budget Office shifted from its previous baseline scenario of annual growth of 2.7 pct, to the positive range of growth of 3.6 to 4.8 pct in 2021.
The PBO also notes that several other variables are moving in the right direction with unemployment stable, deflation slowing down, and the current account balance improving. Other short-term indicators showed significant improvement in May, as the econ...
You need a subscription to access our analysis. Please choose one of the packages available.
Full Access
A tailor-made service for professionals
Apart from having access to all our analysis and data, subscribers will be able to consult one-on-one with our analysts.
Free Access
Read some of our analysis for no charge
By signing up to MacroPolis, readers will be able to read two of our articles without charge each month. They will not have access to our data or weekly e-newsletter.
Standard Access
Our analysis and data at your fingertips
Subscribers will be able to read the full range of our articles, access our statistics and charts, and receive our weekly e-newsletter for €530 per year.
€530.00