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Electricity and manufacturing drive 5.3 pct YoY rise in industrial production for Jan
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Fuels at forefront of sharp drop in exports in Jan, trade deficit at 2.81 bln
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CPI picks up in Feb, rising to 2.7 pct YoY as food prices climb again
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Quarterly unemployment stable at 8.3 pct in Q4 as labour market continues to improve
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GDP grew by 0.8 pct QoQ in Q4, 2025 real growth at 2.1 pct
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Unemployment rate broadly stable at 7.7 pct in Jan
March budget primary balance short of target, but taxes continue to overperform
The budget primary balance for the first three months of 2022 was confirmed at 1.65 billion euros, compared to a deficit of 13.4 billion euros during the same period last year, according to the final Finance Ministry (MoF) budget execution data released on Tuesday.
The primary balance was below the target by 319 million euros. Expenditure, excluding interest payments and the public investment budget, came to 11.7 billion euros. Net revenues reached 11.96 billion euros, below the target by 1.35 billion euros.
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