Higher than the target was the primary surplus at the end of 2023 according to the first estimate of ELSTAT. According to the data, the primary surplus reached 4.01 billion euros or 1.9% of GDP, when in 2022 it was at zero. This results from the first notification of the data in the context of … Read more
Inflation was 3.2% in March, from 2.9% in February, according to ELSTAT. At the same time, food inflation “ran” at a rate of 5.3% from 6.7% in the previous month. However, on a monthly basis, food inflation recorded a slight drop of 1.1% from February to March. Based on the fact that March was the … Read more
Inflation stood at 2.9% in February compared to 3.1% in January, adding to the government’s concern about the new dynamics of price appreciation that is developing, as reported by ot.gr. Consumers in Greece are feeling even more financially stressed as despite the small deceleration in inflation compared to January is estimated, food prices remain high. … Read more
The Greek economy achieved a growth rate of 2% in 2023, according to the first estimates of ELSTAT with the performance of Q4 at 1.2% on an annual basis, as reported by ot.gr. The rhythm is slower than estimated of the government which expected a 2.4% increase in GDP, but also of the European Commission … Read more
Consumers in Greece feel even more financially stressed, as despite the slight de-escalation of inflation in January compared to December, food prices remain high. Tomorrow, Thursday, ELSTAT is expected to announce the national inflation index for January, although Eurostat’s data on the harmonized index have given an idea of how it “entered” 2024, as reported … Read more
The rate of inflation rose slightly in January this year and was set at 3,1% from 3,5% last December and compared to 7% in January 2023. The main reason is the drop in energy prices, with a typical reduction in the price of natural gas by 60.2%. On the other hand, food prices continued to … Read more