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Tax burden increases to 34.7% of gdP
In 2017, tax burden increased to 34.7% of GDP (34.3% in the previous year). This increase in revenue was influenced by positive performance of all tax burden items. Direct taxes revenue increased 3.3%, while indirect taxes and social contributions reve…
The Labour Cost Index decreased by 1.5% when compared to the same quarter in 2017
The Labour Cost Index (LCI) working days adjusted decreased by 1.5% in the 1st quarter of 2018, compared with the same period in 2017. In the previous quarter, it was recorded a year-on-year increase of 3.8%.The two main labour cost components – wage c…
Services Turnover Index decelerated to 5.1%
Services turnover index, in nominal terms and adjusted for calendar and seasonal effects, presented a year-on-year change rate of 5.1% in March (5.3% in February). In the 1st quarter 2018, turnover grew 5.7% in year-on-year terms like in the last quarter.
CPI annual rate of change decreased to 0.4%
The CPI annual rate moved from 0.7% in March to 0.4% in April 2018. The annual core inflation rate, which excludes energy and unprocessed food products components, was 0.2% (0.8% in the previous month). The deceleration of the CPI reflects, to some ext…
Construction Production Index slowed down to 2.5%
The index of production in construction increased by 2.5% in the quarter ending in March 2018, in year-on-year terms (3 months moving average, working days and seasonally adjusted), down by 0.3% percentage points from the rate observed in February.Empl…
Industry Turnover Index registered a null change rate
Industry turnover year-on-year change rate was null in March (6.8% in the previous month). Domestic market index rose 1.7% (7.4% in February), while external market index declined 2.3% (change rate of 6.0% in the previous month). In the 1st quarter of …
Exports decreased by 5.7% and imports increased by 0.1% respectively, in nominal terms
In March 2018, exports of goods recorded a -5.7% year-on-year nominal rate of change, contrary to the growth registered in the preceding month (+5.8%). Imports of goods increased by 0.1%, corresponding to a deceleration vis-à-vis the +8.1% rate …
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The unemployment rate was 7.9%
The unemployment rate for the 1st quarter of 2018 was 7.9%. This value is down 0.2 percentage points (p.p.) from the previous quarter and 2.2 p.p. from the same quarter of 2017.The unemployed population, estimated at 410.1 thousand people, decreased by…