Bank of Greece Revises Economic Forecasts Amid Surging Inflation and Middle East Impact

The Bank of Greece predicts increased stagflationary pressures, leading to prolonged low growth and persistent inflation above 3%, which will further limit consumer purchasing power. This revision, lowering growth forecasts to 1.9% from 2.1%, is largely attributed to the impact of oil prices and the Middle East situation.

7 Apr, 05:44 — 7 Apr, 05:44

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protothema-enMixed3h ago

Oil rewrites the Bank of Greece’s forecasts: growth at 1.9% from 2.1% last year, inflation above 3%

The Middle East changes the equation for the Greek Economy - The Bank of Greece is both optimistic and cautionary - The triple hit of the energy shock The post Oil rewrites the Bank of Greece’s forecasts: growth at 1.9% from 2.1% last year, inflation above 3% appeared first on ProtoThema English.

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First report: avgi · 6 Apr, 10:54|Full coverage: 2 · 19h|Window: 19h

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avgi6 Apr, 10:54First to report

Εκτίναξη πληθωρισμού, περιορισμός αγοραστικής δύναμης. Προσωρινά τα τυχόν μέτρα στήριξης

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protothema-en7 Apr, 05:44Latest update

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Bank of Greece Revises Economic Forecasts Amid Surging Inflation and Middle East Impact

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Oil rewrites the Bank of Greece’s forecasts: growth at 1.9% from 2.1% last year, inflation above 3%

Coverage Timeline

Εκτίναξη πληθωρισμού, περιορισμός αγοραστικής δύναμης. Προσωρινά τα τυχόν μέτρα στήριξης

Oil rewrites the Bank of Greece’s forecasts: growth at 1.9% from 2.1% last year, inflation above 3%

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