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Unemployment rate broadly stable at 8.1 pct in Aug
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PMI drops to 52 pts in Sep as manufacturing sector continues to grow
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Producer prices contract 1.7 pct YoY in Aug due to energy drop
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Retail sales up by 4 pct YoY in July as inflation drives volume rise of 2.1 pct
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Economic sentiment drops sharply in Sep, consumer confidence at highest since June
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Despite rise of 6.1 pct YoY in June, building permits down 13.8 pct in H1
Budget primary surplus of 2.1 bln in 2-month on large underspend in Feb
The budget primary balance posted a surplus of 2.12 billion euros in the 2-month period of 2017, 25.6 percent lower than the respective figure of 2.85 billion in the corresponding period last year, the Finance Ministry’s (MoF) preliminary budget execution bulletin revealed on Tuesday.
This year’s primary surplus beat the target by 1.26 billion. This largely reflects primary expenditure coming in 866 million below the target, coupled with a gross revenue (revenues before tax refunds) outperformance of 517 million.
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