Inflation rates will remain above the ECB limit (2%), not only for 2024 but also for 2025, something that will continue to test the resilience of consumers, especially if new geopolitical challenges arise that might exacerbate the already precarious situation
Meanwhile, the data for Industrial producer prices in the Eurozone showed a significant decline of 8.8% in November 2023
Annual inflation rate in the Eurozone at 2.4% last month
The data does not take into account the "grey market" in Greece which is estimated to be equivalent to some 25% of GDP in the country, according to the IMF
A staggering 16.7% of Greek citizens reported being unable to undergo medical examinations, while they also indicated inability to undergo medical examinations, with 28% stating they lived in poverty
Austrians are the most satisified
The data showed Greece had the highest costs both in urban and rural areas
Luxembourgians were the Best-Off