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Energy pushes import prices up by 10% in July
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Sharp drop in new passenger cars leads to 18.7% YoY decline for vehicle sales in Aug
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Despite manufacturing gains, industrial production drops by 1.2% YoY in July
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Inflation picks up pace in August, rising to 3.8% YoY
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Seasonal factors shape employment balance in July as job departures dominate
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Energy impacts trade deficit as July sees growth of 3.2% YoY
Hirings outpace job departures by 76,591 in May for fourth positive monthly balance in a row
The employment balance displayed net hirings of 76,591 in May 2016, down by 9,555 compared to the corresponding period last year, the Labour Ministry’s information system (Ergani) data showed on Wednesday.
In addition, this year’s figure means that there has been a positive balance for the fourth straight month, while is the second highest May reading for since 2001.
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