Tax revenues also suggest the economy is slowing down
Published on Sunday, October 30, 2011
Tax revenues also suggest the economy is slowing down
Tax revenues grew 14.4%y/y in September, significantly less than in previous months (23%y/y on average between January and July; 14.9%y/y in August). In spite of this moderation, the public sector should have no problems meeting the 3.15% primary surplus target this year.
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