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Energy powers producer price jump of 20.4% YoY in Sep, highest since 2022
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Inflation and high tourism season push retail sales up by 8.2% in August
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Unemployment broadly steady at 7.6% in September
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Economic sentiment moderates in Oct as consumer confidence falls sharply
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Business loans and consumer credit drive 6% YoY expansion in September
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Corporations raise private sector deposits to highest level since March 2010
IMF sees big dip of 9.5 pct for GDP in 2020 before mild recovery of 4.1 pct next year
The International Monetary Fund has issued its updated macroeconomic forecasts for Greece within the framework of the World Economic Outlook and the Fiscal Monitor released within as part of the IMF’s Annual Meetings.
The Fund sees the Greek economy falling by 9.5 pct this year, before partially recovering by 4.1 pct in 2021.
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