Sentiment edges up by 1.4 pts in Jan, consumer confidence unchanged
Greece moves step closer to investment grade as Fitch ups rating by one notch to 'BB+'
Rise in import prices slow further to 15.7 pct YoY in Nov
Deposit outflow at 550 mln in Oct, led by a decline in corporates
Re-opening of benchmark bond fetches 200 mln at steep yield of 4.44 pct
In another cautious move, PDMA fetches 975 mln for 5 yrs at variable rate
BoG revises growth forecast down to 3.2 pct amid growing uncertainty
The uncertain times across the global economy were captured in the latest monetary policy report by the Bank of Greece, which revised down its Greek growth forecast to 3.2 pct for 2022, from the 3.8 pct expected in April.
The BoG forecasts reflect higher uncertainty, weaker growth and a rise in inflation as the impact of the Ukraine conflict becomes more lasting and costs and prices rise in general.
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