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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
General govt primary cash surplus at 5.34 bln in nine-month, sharp fall in arrears
As in previous months, social security funds (SSFs) improved the most, with a primary cash balance of 1.98 billion euros compared to 952 million for the same period last year.
Local government recorded a surplus of 132 million, improving from the previous month’s figure of 46 million euros. The figure for the same period last year was 500 million.
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