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Industrial turnover rises 17.7 pct YoY in Jan, but falls sharply MoM at home and abroad
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Wages record back-to-back growth of 7.1 pct in Q4 2022
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Budget primary balance beats target by 2.39 bln in Feb as taxes outperform
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Unemployment edges up to 11.9 pct in Q4
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Import prices stabilise at high levels in Jan with rise of 0.4 pct YoY
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Car sales contract by 8.2 pct YoY in Feb amid drops for used passenger vehicles and lorries
Amidst Covid and inflation uncertainty, 2022 budget looks forward to solid growth
Amidst growing concerns about the impact of the latest pandemic wave and ongoing pressures on the inflation front, led by energy prices, the Finance Ministry tabled a revised final budget for 2022 in which most macro variables and assumptions are improved compared to the draft tabled at the start of October.
This is the second year on the bounce that the government has tabled a final budget with new restrictions on movements in place, only this year they are mostly focused on unvaccinated citizens. Last year, it was tabled during a lockdown that was meant t...
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