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Budget primary surplus of 3.8 bln to Aug beats target by wide margin
EconomyMacroeconomythe target by 2.78 billion largely reflecting lower primary expenditure (by 2 billion) and revenue..., remaining 2 billion lower than target. MoF said that compared to last year, expenditure increased by 292
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Unemployment rate falls for second straight month, reaching 23.2 pct in July
EconomyMacroeconomyfell by almost 6 pp to 42.7 percent. Lower decreases of around 2 pp were recorded in the next two... the unemployment rate to land at 23.3 percent this year and drop further by almost 2 percentage points
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Newsletter 92 - 14/10/2016
in August, industrial production in the first eight months of the year increased by 2 percent compared... is attributed to a 1.7 percent-fall in the goods index. 2 Making the extraordinary ordinary What
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Q3 GDP beats consensus, rises by 0.5 pct QoQ and 1.5 pct YoY
EconomyMacroeconomyof the total figure. Investments grew by 2 percent in H1 and are seen increasing by 3.3 and 4 percent... to a strong rebound well in excess of 2 percent. The most optimistic estimate of 2.8 percent is from the IMF
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Newsletter 96 - 18/11/2016
at least 2 percent of its GDP to defence spending and its frontline role in dealing with the refugee crisis... year on year in Q3. 2 Presidential shuttle diplomacy To Obama’s credit, he has not shied away from
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Q3 GDP rebounds 0.8 pct QoQ and 1.8 pct YoY, above flash estimates
EconomyMacroeconomyrebounded 2 percent QoQ and 3.8 percent YoY. For the 9-month period, private consumption rose by 1 percent... by 14.7 percent QoQ and soared 38.1 percent YoY. Overall, total imports rebounded 2 percent in the 9-month
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CPI falls at faster pace of 0.9 pct in November
EconomyMacroeconomypercent), food and non-alcoholic beverages (-2 percent) and miscellaneous goods and services (-2 percent
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Newsletter 102 - 13/01/2017
to 40.1 billion. 2 Unemployment rate eases Slight drop attributed to a decline in the number of jobless... in December were in alcoholic beverages and tobacco (+2 percent), housing (+1.8 percent) and hotels, cafes
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Minor fluctuations in deposit and loan interest rates in December
EconomyMacroeconomythat for loans to sole proprietors eased by 2 bps to 7.34 percent. Overall, the weighted average rate on new loans marginally rose by 2 bps to 4.85 percent, after decreasing by 18 bps in November
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IMF sees much scope for reform progress, particularly on tax in Article IV report
EconomyProgrammein 2019 and 2 percent in 2020, while long-term growth is expected at around 1 percent. Under... the government’s recent estimate of around 2 percent of GDP, which is expected to increase to 1.5 percent of GDP
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