
Bank of Greece Forecasts Gradual Inflation Decline, Steady Growth
According to the BoG report, inflation, measured by the Harmonized Index of Consumer Prices (HICP), is expected to decrease gradually, approaching 2% by the end of 2026. However, introducing the ETS2 carbon trading system in the energy sector is anticipated to cause a temporary increase to 2.5% in 2027. Core inflation is projected to drop to 2.2% by 2027, driven by lower industrial goods and services inflation.