Figure double than the annual rate recorded in previous month, Sept. 2023

More ominously, the category “foods, alcohol and tobacco” – with foodstuffs dominating interest – was almost double than the overall rate, which totaled 7.5 percent.

OECD Chief Economist Clare Lombardelli foresees an easing of inflation near set targets in most countries by the end of next year, while calling on EU monetary policy-makers to carefully consider decisions that don’t jeopardize growth but at the same time restrict rising prices. As per Greece, she reiterated the OECD’s forecast of ‘robust growth’, […]