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CPI
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EconomyMacroeconomy
CPI decelerates to 4.4% YoY in June, housing costs up 10.6% Greece’s Consumer Price Index (CPI) growth modestly decelerated in June with a rise of 4.4 percent year-on-year (YoY), from 5.2 percent in the previous month, according to the data released on Thursday by the Hellenic Statistical Authority (ELSTAT).
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EconomyMacroeconomy
PBO sees resilience in economy, revises growth outlook slightly down In its latest quarterly report, the Parliamentary Budget Office (PBO) argues that the Greek economy is currently navigating a complex global landscape, showing remarkable resilience despite geopolitical tensions.
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EconomyMacroeconomy
Greece faces prolonged price pressures despite US–Iran deal The Greek authorities will have welcomed the MoU signed between the US and Iran as a first decisive step towards a lasting resolution of the conflict, although a 60‑day period remains in which outstanding issues must be resolved before a final deal is reached.
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EconomyMacroeconomy
CPI at 5.2% YoY in May as impact of Iran war spreads Greece’s Consumer Price Index (CPI) growth was broadly stable in May with a rise of 5.2 percent year-on-year (YoY), from 5.4 percent in the previous month, according to the data released on Wednesday by the Hellenic Statistical Authority (ELSTAT).
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EconomyMacroeconomy
Rising prices and energy pressures threaten to undermine 2026 outlook With the release of the OECD’s Economic Outlook last week, all major international organisations have now published their latest projections for 2026.
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EconomyMacroeconomy
Brussels flags downside risks for Greece as conflict‑driven inflation surges The European Commission published last week its latest spring economic forecasts, becoming the latest institution to confirm that the unresolved Iran conflict will be a key factor shaping this year’s economic outcomes.
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EconomyMacroeconomy
EC forecasts slower growth, higher inflation as energy shock strikes The European Commission released on Thursday its latest spring forecasts, projecting that Greece’s economic growth will slow gradually over the next three years as higher energy prices weigh on household incomes and consumer spending.
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EconomyMacroeconomy
Greece braces for major inflation shock as Middle East standoff continues With the war in Iran far from settled and the main choke point for global energy and trade still in place - as the Strait of Hormuz remains essentially shut - newly released data points to a severe inflation shock for the Greek economy.
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EconomyMacroeconomy
Iran war begins to bite as costs rise and confidence falls The impact of the protracted Iran conflict is now filtering into the Greek economy and is reflected in hard data and sentiment indicators covering periods after the war began at the end of February.
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EconomyMacroeconomy
CPI at 5.4 pct YoY in April - highest since early 2023 Greece’s Consumer Price Index (CPI) accelerated significantly in April with a rise of 5.4 percent year-on-year (YoY), from 3.9 percent in the previous month, according to the data released on Friday by the Hellenic Statistical Authority (ELSTAT).