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Energy continues to lead industrial turnover growth of 23% YoY in April
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Current account deficit narrows to 1.39 bln in Apr, travel receipts show resilience
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Car sales remain strong, rising by 3.3% YoY up to May
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Wages index maintains momentum with 6.7% YoY rise in Q1
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Budget continues to perform strongly with 3.64 bln surplus up to May
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Energy propels 18.4% YoY rise in import prices for April
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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