MMEMBERS, FRIENDS AND ASSOCIATES OF ATHENS CALLS ATHENS, Mr. ANTONIS ZAIRIS
2024: A LANDMARK YEAR FOR THE GREEK AND GLOBAL ECONOMY
More specifically, growth in the US is estimated at 1.1%, in China at 4.4%, in Japan at 0.7%, and in the Eurozone at 0.6%. However, the restrictive monetary policy and high interest rates are dampening the momentum of global growth, while companies are facing squeezed profit margins, and the labour market is in turmoil.
Concerning Greece, UBS predicts inflation at 2.4% and projects a decrease in the growth rate, estimating it at 3%.
On the other hand, the estimates of the Bank of Greece suggest a marginal increase in the growth rate to 2.5% in 2024 from the 2.4% expected in 2023, while there is a notable decrease in inflation in 2024 compared to the 4.10% expected for 2023 and the explosive 9.3% in 2022.
Athens is here, calling you.