Bank of Greece sees sharp decline in Greece’s inflation over the next two years
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Πηγή Φωτογραφίας: freepik, Bank of Greece sees sharp decline in Greece's inflation over the next two years
Bank of Greece predicts a sharp decline in Greece’s inflation over the next two years.More specifically, the Bank of Greece predicted that inflation will fall to 2.5% in 2025 from 3% in 2024, while a further fall to 2.2% is expected in 2026. This development is attributed to the sharp decline in energy prices, but also to the decline in prices of basic commodities as well as food.
By the end of 2026, inflation is expected to converge towards the 2% threshold, but will remain slightly above it. However, an increase to 2.5% is expected in 2027. Core inflation is expected to drop in 2024, reaching 2.2% in 2027, mainly reflecting the decline in non-energy industrial goods inflation and to a lesser extent services inflation.
Source: pagenews.gr
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