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Tax collections and contained spending take primary surplus 4.15 bln above target in Sep
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Accelerated drop in energy drives import prices down by 2.4 pct YoY in Aug
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Government budgeting on a late RRF sprint
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New vehicles drive car sales up by 20.7 pct YoY in Sep
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Electricity pushes industrial production down by 2.9 pct YoY in Aug
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Drop in energy costs bring CPI down to 1.8 pct YoY in Sep
PBO sees normality returning, but inflation will have multifaceted effects
The Parliamentary Budget Office (PBO) published its latest quarterly report on Tuesday in which progress is outlined along with challenges for the Greek economy as the government starts a new term under the spectre of inflation.
The PBO notes that the economy grew by 2.1 pct year-on-year (YoY) in Q1, which it describes as a more normal growth rate following a turbulent period that started with the pandemic and was followed by the energy crisis that accompanied the Ukraine war.
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