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Unemployment edges up to 8.5 pct in Feb
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PMI stable in March as war starts affecting business and confidence
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Strong rise in food sales pushes 7 pct YoY increase in Jan retail
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Economic sentiment declines in March, consumer confidence at lowest since 2022
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PPI drop moderates to 1.7 pct YoY in Feb, driven by energy
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Greece braces for price shockwaves from Iran amid weakening purchasing power
IMF forecasts high primary surpluses, tempers growth expectations
![Photo via IMF photostream on Flickr [https://www.flickr.com/photos/imfphoto/]](resources/toolip/img-thumb/2014/08/11/imf_439_1108-large.jpg "Photo via IMF photostream on Flickr [https://www.flickr.com/photos/imfphoto/]")
At the annual meetings of the IMF and the World Bank currently being held in Morocco, the Fund presented its latest global economic and fiscal estimates. The Greek economy is seen continuing to outperform eurozone peers on growth and reaching high primary surpluses on a permanent basis.
In the World Economic Outlook (WEO), real GDP growth is seen at 2.5 pct this year, slowing down to 2 pct in 2024, which is an upwards revision from the 1.5 pct for 2024 expected in the previous WEO in April.
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