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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
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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