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Energy continues to drive import prices as May sees 13.3% YoY rise
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New passenger cars push June sales to highest since 2010
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Industrial production accelerates to 3.9% YoY in May, led by electricity supply
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Fuels continue to propel drop in trade deficit as May sees 15.7% YoY decline
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Pension policy U-turn highlights government’s election concerns
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Jobs in tourism push May hiring balance upwards
Primary surplus lands at 3.92 bln in 2023 thanks to significant underspend and RRF funds
The budget primary balance in December was confirmed at a surplus of 3.92 billion euros, compared to a deficit of 6.65 billion euros in the same month of 2022, according to the final Finance Ministry (MoF) budget execution data released on Thursday.
For the full year 2023, the budget outperformed by 4.77 billion euros.
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