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Strong start for travel receipts in Jan, rising by 72 pct YoY to 224.2 mln
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Industrial turnover rises 17.7 pct YoY in Jan, but falls sharply MoM at home and abroad
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Wages record back-to-back growth of 7.1 pct in Q4 2022
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Budget primary balance beats target by 2.39 bln in Feb as taxes outperform
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Unemployment edges up to 11.9 pct in Q4
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Import prices stabilise at high levels in Jan with rise of 0.4 pct YoY
Inflation and economic bounce boost tax revenues as Jan-Apr budget primary balance beats target by 1.65 bln
The budget primary balance for the first four months of 2022 was confirmed at a deficit of 799 million euros, compared to a deficit of 6.2 billion euros during the same period last year, according to the final Finance Ministry (MoF) budget execution data released on Wednesday.
The primary balance beat the target by 1.65 billion euros. Expenditure, excluding interest payments and the public investment budget, came to 15.92 billion euros. Net revenues reached 17.69 billion euros, above the target by 699 million euros.
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