Issue No 54 – June 2024

FULL ISSUE

Executive Summary

 

1. Recent (macro-)economic developments

 1.1. The evolution of aggregate demand components in a period of economic regularity,
       Yannis Panagopoulos, Konstantinos Loizos, pages 7-14

 1.2. Inflation in May slowed to 2.4%: Food inflation declined to 3.1%, although it remains the most significant contributor to the overall index,
       Emilia Marsellou, pages 15-21

 1.3. Factor model forecasts for the short-term prospects in GDP,
       Factor Model Economic Forecasting Unit Ersi Athanassiou, Aristotelis Koutroulis, Emilia Marsellou, Theodore Tsekeris, pages 22-24

 1.4. The first four months of 2024 ended with positive returns for the stock market,
       Fotini Economou, pages 25-29

 1.5. Recent developments and prospects of the global economic activity: The outlook for the global economy is gradually improving,
       Aristotelis Koutroulis, pages 30-34

2. Fiscal developments

 2.1. State Budget, public debt and fiscal figures perspectives,
       Elisavet Nitsi, pages 35-42

3. Human resources and social policies

 3.1. Recent developments in key labour market variables,
       Ioannis Cholezas, pages 43-49

 3.2. Comparing the average hourly wage between Greece and the EU27,
       Vlassis Missos, pages 50-53

 3.3. Multidimensional child poverty in Greece: Empirical findings from the longitudinal implementation of a new multiple indicator during the period 2010–2023,
       Eirini Leriou, pages 54-61

4. Reforms-Economic development

 4.1. External trade of agri-food products,
       Athanasios Chymis, pages 62-66

 4.2. Global trade and the Greek Current Account,
       Ioanna Konstantakopoulou, pages 67-72