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Import prices contract again in Oct with 2.4 pct drop
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Subdued passenger car sales lead to overall drop of 1.6 pct in Nov
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Electricity propels 6.4 pct YoY jump in Oct industrial production
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RRF promise fades as growth outlook weakens
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Trade deficit drops sharply in Oct, down 6 pct in 10M
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Consumption and investments drive Q3 GDP growth of 2 pct YoY
BoG revises 2023 growth to 1.5 pct as short- and medium-term challenges persist
The Bank of Greece (BoG) has joined the group of organisations that has incorporated the latest global challenges in its forecast for Greece, with growth next year seen declining substantially compared to the 6.2 pct envisaged for 2022.
The BoG notes that the macro environment which has been forming since the conflict in Ukraine and developments on the energy and prices fronts will have counter effects to economic growth and it sees the Greek economy growing by just 1.5 pct in 2023.
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