First good sign: the industry decrease is slowing down

Industrial production has slowed visibly its drop in September compared to last year, up to a level of -4%, after it entered this year with a decline rate of -18%.

Meanwhile, the retail trade recorded in September an annual decrease of -13.9%, compared to the minimum reached in June of -17.3%, according to the National Institute of Statistics data.

The trade deficit was in the first months in value of 6.9 billion euro, down 11 billion compared to the same period of last year, especially as the drop in imports was twice faster than that of exports.

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