LISBON cheap lebron 15 shoes , Dec. 11 (Xinhua) -- Portugal's Christmas season has kicked off with a hint of hope as figures released by Portugal's National Institute of Statistics (INE) on Thursday show the country's purchasing power increased slightly by four percentage points in 2013.

 

Portugal's GDP per capita reached 79 percent of the EU average in 2013 from 76 percent in 2012.

 

The slight improvement is due to practically zero inflation, and to the GDP per capita rise in current assets, the INE said.

 

The figures come as the Portuguese economy slowly picks up, with consumer confidence in October rising to its highest point in 12 years.

 

However cheap lebron 15 wholesale , the country's GDP per capita is still around 21 percent below the EU average, the INE said.

 

Though the economy seems to be slowly improving, Portugal has been battered by three years of harsh austerity implemented under its 78-billion-euro bailout program which it signed with the troika of international lenders -- the European Commission, the International Monetary Fund and the European Central Bank in May 2011.

 

During the period from 2008 to 2013 cheap lebron 15 for youth , Portugal's living standards worsened considerably due to tax hikes and spending cuts, with unemployment hitting around 16.3 percent in 2013.

 

The country still has to implement a strict budgetary policy next year in order to lower its debt which currently stands at around 129 percent.

 

The center-right government has been easing fiscal consolidation but the troika says the pace of reforms is too slow to get the economy back on track and is pushing for more discipline and focus on export-led growth, which the Central Bank expects to raise by 4.2 percent next year.

 

Though unemployment is slowly dropping, the International Monetary Fund only recently emphasized that the unemployment rate is still at "historically unprecedented levels" and opposition parties attribute the lower unemployment rate to emigration and seasonal jobs.

 

The Bank of Portugal expects the Portuguese economy to grow 1.5 percent next year. Portugal's Prime Minister Pedro Passos Coelho has made it a "point of honor" to cut the deficit to 2.7 percent next year.

 

Troika's pressure on the Portuguese government to meet its targets came as the country enters election year cheap lebron 15 for mens , with the Socialists gaining broad support as reflected in recent polls, in large part due to their anti-austerity stance which critics say is not feasible.

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BEIJING, Jan. 29 (Xinhua) -- Ma Yonggang collected a bumper crop of 3 tonnes of corn from five mu (0.33 hectares) of farmland last autumn. Yet cheap lebron 15 sale , the harvest brought him no joy as the corn price was 20 percent lower than last year.

 

"This is the lowest price I have seen in about 10 years," said the farmer from Qihe County in east China's Shandong Province. "Added to this, it costs more to pay workers, and buy fertilizer and pesticide."

 

Multiple factors cheap lebron 15 mid , including consecutive good harvests, healthy state inventories and lower prices of imports, led to declines in domestic crop prices, said Zheng Yiguang cheap lebron 15 high , deputy director of Qihe County Grain Bureau.

 

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