Industrial turnover rises 17.7 pct YoY in Jan, but falls sharply MoM at home and abroad
Wages record back-to-back growth of 7.1 pct in Q4 2022
Budget primary balance beats target by 2.39 bln in Feb as taxes outperform
Unemployment edges up to 11.9 pct in Q4
Import prices stabilise at high levels in Jan with rise of 0.4 pct YoY
Car sales contract by 8.2 pct YoY in Feb amid drops for used passenger vehicles and lorries
Feb budget primary surplus confirmed at 840 mln, as revenues overperform
The budget primary balance for the first two months of 2022 was confirmed to be a surplus of 840 million euros, compared to a deficit of 1.5 billion euros during the same period last year, according to the final Finance Ministry (MoF) budget execution data released on Monday.
The primary balance is well ahead of the target by 1.08 billion euros. Expenditure, excluding interest payments and the public investment budget, came to 6.67 billion euros. Net revenues reached 8.85 billion euros, below the target by 1.09 billion euros.
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