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Car sales record modest rise in August, up 3.3 pct YoY in 8M
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Electricity drags industrial production down by 0.5 pct YoY in July
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August CPI moderates sligthly to 2.9 pct YoY, rents climb by 10.9 pct
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Trade deficit growth slows to 4 pct YoY in July driven by oil and non-EU markets
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Q2 GDP moderates further to 1.7 pct YoY as households spending slows
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Jobs in education lead negative hiring balance of 20,728 in July
Jan budget deficit confirmed at 15 mln, revenues 610 mln short and spending underexecuted
The budget primary balance for the first month of 2022 came to a small surplus of 15 million euros, compared to a deficit of 1.47 billion euros in the same month last year, according to the final Finance Ministry (MoF) budget execution data released on Friday.
The primary balance is well ahead of the target by 1.15 billion euros. Expenditure, excluding interest payments and the public investment budget, came to 3.11 billion euros. Net revenues came to 3.86 billion euros, below the target by 610 million euros.
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