Unemployment rate drops below 10 pct in Oct for first time since Sep 2009
Economic sentiment stable in Nov, consumer confidence slides further
Credit growth at 2.1 pct in Oct, but flow negative by 856 mln
Deposits drop by a sharp 2.14 bln in Oct, driven by corporations
Aug sees second annual drop in building activity with 4 pct decline
Final budget data for Oct verifies solid tax revenues on back of indirect and income tax haul
PBO sees encouraging signs for economic and fiscal outlook
The Parliamentary Budget Office (PBO) struck a rather positive note in its latest quarterly report as several fiscal and macro fronts are moving in the right direction.
The report highlights that based on the available data for the first nine months of 2019, the economy grew by more than 2 percent thanks to a solid export performance, the current account remains broadly balanced and employment is on a steady rise. Shor...
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