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CPI
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EconomyMacroeconomy
Across-the-board price hikes bring CPI rise of 10.2 pct in April Greece’s Consumer Price Index (CPI) continued its record-breaking rise in April, increasing by 10.2 percent year-on-year (YoY), after rising by 8.9 percent in March, according to the data released on Tuesday by the Hellenic Statistical Authority (ELSTAT).
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EconomyMacroeconomy![Photo via IMF photostream on Flickr [https://www.flickr.com/photos/imfphoto/]](resources/toolip/img-thumb/2014/08/11/imf_439_1108-medium.jpg "Photo via IMF photostream on Flickr [https://www.flickr.com/photos/imfphoto/]")
IMF trims 1 point off 2022 growth, makes major revision to inflation forecast The International Monetary Fund (IMF) released its latest global macro and fiscal estimates in the context of the spring meetings currently held in Washington, capturing the impact of inflation on growth.
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EconomyMacroeconomy
CPI shoots up by 8.9 pct YoY and 2.7 pct on previous month Greece’s Consumer Price Index (CPI) picked up more pace in March, rising by 8.9 percent year-on-year (YoY), from a 7.2 percent increase in February, according to the data released on Friday by the Hellenic Statistical Authority (ELSTAT).
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EconomyMacroeconomy
CPI up to 7.2 pct in Feb as widespread inflation hits highest since pre-euro era Greece’s Consumer Price Index (CPI) accelerated further in February, rising by 7.2 percent year-on-year (YoY), after an increase of 6.2 percent in January, according to the latest data from the Hellenic Statistical Authority (ELSTAT) released on Thursday.
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PoliticsGreek Politics
Govt mulls more tools against inflation as cost of living set to soar The markets’ reaction to conflict in Ukraine has sent the government in search of additional policy tools to shield consumers from galloping inflation.
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PoliticsGreek Politics
Govt weighs up impact of Ukraine war on recovery, waits for decisions at EU level As well as making a landmark foreign policy move over the weekend by deciding to supply Ukraine with arms following the Russian invasion, the Greek government has been mulling the economic impact of the war.
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PoliticsGreek Politics
Govt mulls Easter bonus as cost-of-living crisis causes public concern Worsening inflation date on the one hand and ebbing polling figures on the other are creating divergent challenges for Kyriakos Mitsotakis’s government, which is finding it increasingly difficult to maintain consistency in its messaging.
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EconomyMacroeconomy
CPI reaches 6.2 pct in Jan as inflation hits highest since late 1990s Greece’s Consumer Price Index (CPI) picked up further pace in January, rising by 6.2 percent year-on-year (YoY), following a 5.1 percent increase in December, according to the latest data from the Hellenic Statistical Authority (ELSTAT) released on Tuesday.
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EconomyMacroeconomy
Inflation to persist, creating more economic policy challenges It has become increasingly evident that the inflation clouds which started gathering above the Greek economy since June last year are not going anywhere soon as the authorities had hoped when they started announcing a series of support initiatives for households and businesses several months ago.
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EconomyMacroeconomy
CPI rise of 5.1 pct in Dec highest since 2011 as electricity, gas and heating oil drive price hikes Greece’s Consumer Price Index (CPI) accelerated in December, rising by 5.1 percent year-on-year (YoY), following an equally strong movement of 4.8 percent in November, according to the latest data from the Hellenic Statistical Authority (ELSTAT) released on Thursday.