Friday, August 12, 2016

Positive half year recorded. Consumption and investments seem to rebound


A survey by Bloomberg forecasts the economy to grow 1.7% in 2016. Although this figure is a decrease from the forecasted 2.2% undertaken at the end of the first quarter, further indicators have also registered good results overall in the first half of the year, according to Bank Audi's half yearly economic report.

VAT receipts saw a seven percent growth. In the real sector, cement deliveries, the value of property sales, and construction permits all witnessed increases, reaching 14.5 per...

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