The greatest percentage increase was recorded in olive oil, despite Greece being the third-largest producer worldwide

The Capital Economics report predicts the Eurozone’s GDP will contract in the 4th quarter of 2024 with the bloc’s economy gradually experiencing a slight recovery as interest rates fall and real incomes rise

The benchmark German 10-year bond, a reference point for the Eurozone, also saw a decline of 4 basis points to 1.931%, reaching its lowest level since March of the previous year.

Annual inflation rate in the Eurozone at 2.4% last month

The specific Greek Loan Facility (GLF) loans were set to mature in 2024 and 2025. The GLF was the first bailout extended by Eurozone members and the IMF in May 2010.

UniCredit projects Greece will achieve its inflation target of 2% in 2024, aligning with the European Central Bank's goal

Food, alcohol, and tobacco will exhibit the highest annual rates at 6.9 percent in the Eurozone

Next month Greece will repay 5.3 billion euros ahead of schedule and hopes to continue the trend in 2024