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  1. Tax arrears rise again in August as 645 mln in new debt added for total of 6.92 bln this year

    Economy

    . The month on month (MoM) rise in August is the second lowest reading this year after the low recorded... of 2014 – slipped by 97 million month on month (MoM) to 72.18 billion in August. The monthly drop... stock of new and legacy tax debt grew by 548 million MoM and 5.31 billion year to date to 79.1

    19%
  2. Retail sales nosedive by 8.7 pct in July amid capital controls

    EconomyMacroeconomy

    (MoM) showed a fall in retail sales by 7.7 percent mainly driven by retail sale not in stores... percent). On the flipside, two store categories posted a MoM rebound, namely department stores... of monthly seasonal effects, displayed a similar to the non-adjusted figure drop and a 5.5 percent MoM

    19%
  3. Unemployment unchanged at 25 pct in July
    Photo by MacroPolis

    EconomyMacroeconomy

    . The SA number of employed marginally rose by 0.01 percent month on month (MoM) in July, while... displayed registered unemployed slipped 0.7 percent MoM to 946,137. In addition, the number... MoM to 92,238 in August. As a result, the registered unemployed who receive the jobless benefit fell

    19%
  4. Tax arrears jump to 1.47 bln in Sept as total for year reaches 8.39 bln

    Economy

    . The month on month (MoM) increase in September is the highest monthly reading since November 2014... million month on month (MoM) to 72.03 billion in September. Since the beginning of the year, legacy tax... million. Summing up, the total stock of new and legacy tax debt grew by 1.32 billion MoM and 6.63

    19%
  5. Retail sales down by 4 pct in August for third straight fall
    Photo by MacroPolis

    EconomyMacroeconomy

    percent month on month (MoM). Food, beverages and tobacco excelled soaring by 20.3 percent... products and cosmetics fell by 6.4 percent MoM, while clothing and footwear sales eased 0.5 percent... MoM. The respective SA volume dropped by 2.7 percent YoY and grew by 3.8 percent MoM. Since 2009

    19%
  6. Retail sales drop at faster pace of 5.2 pct in Sept

    EconomyMacroeconomy

    percent). Compared to the previous month, retail sales in September fell 4.8 percent month on month (MoM... in book, stationery and other goods rebounded 16.4 percent MoM for seasonal reasons, while...-adjusted figures. In particular, SA turnover decreased 5.1 percent YoY and 1.7 percent MoM, while

    19%
  7. Retail sales drop at a faster pace of 5.5 pct in Nov
    Photo by MacroPolis

    EconomyMacroeconomy

    on month (MoM) despite the interim sales period in the first ten days of November. The most notable MoM drops were recorded in retail sale not in stores (-9.4 percent), supermarkets (-8.1 percent... goods as well as in department stores rebounded by 1.3 and 0.8 percent MoM respectively. It is worth

    19%
  8. General government primary cash surplus grows to 4 bln by end-July, arrears fall to 6.9 bln

    EconomyMacroeconomy

    of 236 million month on month (MoM), while smaller drops were also recorded by SSFs (-118 million... million MoM, while tax refunds’ arrears also increased by 45 million from the previous month. Since... by 3.58 billion euros MoM to 324.76 billion in July largely due to a drop in bonds by 2.54 billion

    19%
  9. Retail sales down by 1.3 pct in Dec for first drop since Aug
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    18.6 percent in December primarily due to the Christmas period. The biggest month on month (MoM) rise... that recorded a single-digit growth MoM was furniture, electrical and household equipment (+8.2 percent... percent MoM in December after edging down by 0.4 percent in November and landed at 71.1 in December, which

    19%
  10. Spain’s economic recovery languishes amid graft scandals

    Agora

    transparency, has plunged. The King’s son in law, Uñaki Urdangarin, a former handball player

    19%