Trade deficit records rare drop of 10.6 pct in Dec, widens by 50.7 pct for full year
Loan rates exceed 5 pct in Dec, spread at highest in almost 20 years
Unemployment steady at 11.6 pct in Dec, employed rise by almost 80,000 YoY
Manufacturing remains in contraction at start of 2023, but at slowest rate since Oct
Retail sales rise by 12.3 pct YoY in Nov, but volumes barely move
Close of 2022 sees softer labour market, with 60,235 fewer jobs
Budget primary surplus at 4.66 bln in 11-month as expenditure falls, revenues rise
The budget primary balance recorded a surplus of 4.66 billion euros in the first 11 months of 2017, decreasing by 19.1 percent against last year’s figure of 5.76 billion euros, the Finance Ministry (MoF) preliminary budget execution bulletin showed on Thursday.
The primary surplus surpassed its target for the first 11 months of the year, beating the goal by 1.58 billion euros. Primary expenditure came to 37.43 billion euros, 912 million euros below the target.
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