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Trade deficit narrows by 13.6 pct YoY in Sep on back of oil effects
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Hiring balance turns negative in Sep on as tourism season winds down
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Manufacturing grows in Oct amid persistent export challenges and higher input costs
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Retail sales grow strongly in Aug with 5.3 pct YoY rise
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Energy drives producer prices down by 1.1 pct YoY Sep as all other components rise
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Economic sentiment picks up in Oct, consumer confidence sliding again
PBO highlights budget, recovery risks in latest report
The quarterly report of Parliament’s Budget Office (PBO) raises some concerns on the budget front as developments over the last months have increased fiscal risks, although achieving the target of 3.5 percent of GDP for this year remains feasible.
More specifically, when applying the ESA methodology and the enhanced surveillance rules, the primary surplus over the first six months of the year is 2.1 billion euros lower than during the same period last year.
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