GDP up by 2.7 pct QoQ in Q3, taking growth for first nine months to almost 9 pct
PMI remains in growth territory in Nov amid supply disruptions and inflation
Retail sales rise by 13 pct in Sep as fuel has notable impact
Employment balance turns negative by 70,048 in Oct as tourism season ends
Economic sentiment back up to pre-pandemic levels, reaching 113.4 pts in Nov
Credit growth stable at 0.9 pct in Oct, led by lending to corporates
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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