PBO sees normality returning, but inflation will have multifaceted effects

EconomyMacroeconomy Tags: Cost of living, GDP, PBO

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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