Trade deficit of 2.9 bln in Aug takes aggregate to 23.66 bln, up by 60 pct YoY
Draft 2023 budget sees growth cooling to 2.1 pct, primary surplus at 0.7 pct
Despite PMI rise of 0.9 pts in Sept, manufacturing stays in contraction for third month
Unemployment stable at 12.2 pct in August despite strong tourism season
Producer prices up by 39.5 pct in Aug, reversing trend of monthly drops
Retail sales grow by 11.9 in Jul, but volume data continues to tell different story
Tax overperformance continues in Aug, as budget balance beats target by close to 6 bln
The budget primary balance up to August 2022 came to a small surplus of 10 million euros, compared to a deficit of 6.38 billion euros in the same period last year, according to the preliminary Finance Ministry (MoF) budget execution data released on Friday.
The primary balance beat the target by 5.95 billion euros against an anticipated deficit of 5.94 billion euros at this point of the year. Expenditure, excluding interest payments and the public investment budget, came to 34.24 billion euros. Net revenue...
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