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Government tones down fiscal pledges as tighter framework starts to bite
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Budget outperforms in Mar, delivers 2.95 bln primary surplus thanks to strong tax collection
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Import price drop slows further to 2.8 pct in Feb
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Car sales contract in March, up 4 pct YoY in Q1
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Industrial Production growth slows to 1.6 pct YoY in Feb as electricity supply drops
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CPI accelerates again in March, rising by 3.2 pct YoY and 1.5 pct MoM
Budget primary deficit ends 2022 at 6.68 bln, from 10.33 bln in 2021
The budget primary balance up to December 2022 came to a deficit of 6.68 billion euros, compared to a deficit of 10.33 billion euros in the same period last year, according to the preliminary Finance Ministry (MoF) budget execution data released on Monday.
The full year outperformance came to 1.83 billion euros, against a target of 8.51 billion euros.
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