Greeceās inflation to drop sharply by 2027, Bank predicts
Inflation rates in Greece are set to decrease significantly over the next few years, according to recent predictions. The Bank of Greece anticipates a sharp decline, with core inflation expected to drop to 2.2% by 2027. The decrease will be driven by a reduction in energy prices and basic commodities. Inflation is expected to fall to 2.5% in 2025 and further to 2.2% in 2026. By the end of 2026, inflation is projected to converge toward the 2% target but remain slightly above it. However, a slight increase to 2.5% is expected in 2027. The decline in non-energy industrial goods' inflation and services' inflation will also contribute to this downward trend. These predictions suggest a period of stability and gradual decrease in inflation rates over the next few years. The Bank of Greece predicts a significant reduction in inflation over the next two years, with core inflation expected to reach 2.2% by 2027. This decrease, driven by lower energy prices and basic commodities, will contribute to a more stable economic environment.
