• Ministry of Finance proposes to limit tax allowances for employees and companies as well. From eighty employees‘ tax allowances, ten of them should be abolished. Companies can use up to forty-two allowances and three of them should be abolished.
• More significant slowdown of US economic growth could negatively influence other countries as well, according to International Monetary Fund. If slump of real estate sector in the USA is going to impact American consumers’ behaviour, influences on the rest of the world could be significant.
• Services sector activity index in the USA (ISM) decreased to 52.4 in March from previous 54.3, which is the lowest figure for the last four years.
• Eurozone retail sales increased by 0.3% m/m in February or by 1.2% y/y.