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Budget continued to outperform in Feb, delivering 3.4 bln primary surplus -
Wages index rises by 5.5 pct YoY in Q4, records first quarterly drop since Q3 2021 -
Import prices reach one year of contraction with 6.4 pct drop in Jan -
Vehicle sales rise by 17.3 pct in Feb, led by passenger cars -
Underwhelming GDP highlights investment falling short of mark -
Industrial production grows by 10.3 pct in Jan, boosted by electricity supply
RRF injection pushes primary balance above target, but regular tax revenues short by 504 mln
The budget primary balance recorded a deficit of 6.39 billion euros in the first eight months of 2021, compared with a deficit of 5.48 billion in the same period last year, the preliminary Finance Ministry (MoF) budget execution data showed on Thursday.
The primary balance was above the target set in the 2022-2025 Medium-Term Fiscal Strategy by 3.02 billion euros. Expenditure excluding interest payments and the public investment budget came to 35.19 billion euros. Net revenues came to 34.68 billion eur...
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