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Vehicles licences jump by 36.3 pct in Apr thanks to strongest car sales since 2010 -
Primary balance at 3.25 bln in Apr, above target thanks to favourable timing -
EC makes minor adjustment to growth forecast, at 2.2 pct for 2024 -
Import price index up by 1.3 pct YoY in Mar for first rise in 13 months -
CPI at 3.1 pct in Apr as food inflation refuses to drop -
Industrial production records first contraction since Aug 2023, down 0.6 pct in Mar
PBO sees medium-term risks mounting, despite positive near-term outlook
The Parliament Budget Office (PBO) released on Thursday its latest report, for the second quarter of the year, and notes the relative positive picture in the near-term, despite the uncertain times due to the energy crisis. However, it notes a series of challenges and risks in the medium-term.
The PBO highlights that the economy recorded solid growth in the first half of the year, growing by 7.7 pct in the second quarter, which will lead to a significant upward revision of the annual growth for 2022. Employment is only showing remarkable sign...
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