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Greece braces for major inflation shock as Middle East standoff continues
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April primary surplus beats target thanks to improved taxes and contained spending
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Energy pushes import prices up by 11.4 pct YoY in Mar, highest since Dec 2022
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Car sales drop 4.6 pct YoY in Apr, up 3.3 pct in 4M
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Iran war begins to bite as costs rise and confidence falls
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Electricity supply pushes industrial production up 8.3 pct YoY in March
Latest IMF estimates see growth of 2.3 pct, return of permanent primary surpluses
The IMF spring meetings produced some good news for Greece via the World Economic Outlook and Fiscal Monitor.
The IMF revised upwards its growth estimates for 2023, which is now seen higher at 2.6 pct in 2023, from 1.8 pct in the WEO of last October. Although it has not been officially published yet, in the Stability Programme that will be sent to Brussels late...
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