inflation

The highest monthly inflation rate for 2022 was in June, at 12.1 percent

What data show

The rise in prices in the eurozone is led by energy with 41.9%, followed by food, alcohol and tobacco with 13.1%, non-energy industrial products with 6% and services with 4.4%.

Significant changes are observed in consumer habits – Emphasis on price and shift to electronic shopping

The publication reminds that the inflation rate in the east Mediterranean country reached 11.4 percent in August 2022, easing from 12.1 percent in June 2022 – the record for the year so far

The quadruple challenge of war, an energy crisis, galloping inflation, and the looming prospect of economic recession, exacerbates the anxieties and concerns of citizens.

The forecasts of the governor of the Bank of Greece – The Hydra of inflation and how to tackle it

Summer sales seem to have contributed to the small decline in the general consumer price index

Energy is the biggest contributor to price formation (up 39.7% from +42% registered in June), followed by food, alcohol and tobacco (9.8% from 8.9% in June)

New price hikes in essential goods are coming from autumn – Power and fuel drag on the price race, while citizens miss their holidays

New inflation records for EU and Greece in June

Greece in the current electoral period must maintain energy and fiscal security, and maximally exploit investment funding and the favourable international investment climate.

The sudden rise in interest rates caused turbulence in international money and capital markets, intensified uncertainties, and revived concerns about a potential new debt crisis.

Economists’ forecasts and counterbalances

Recently, the mobility in the market of small shops in the center of Athens has intensified

A hard problem to solve

8.1% in the Eurozone – What will the ECB do?

Inflation in the eurozone at 7.5%

How much will supermarket sales fall in 2022 – The two scenarios

The rally in prices continues unfettered – Households are under pressure