GLOBAL & REGIONAL DAILY
HIGHLIGHTS
April 8 2022
Global Markets
US Treasuries remained under pressure, while the USD retained a positive tone amid expectations for more aggressive rate moves from the Fed over the rest of the year to curb high inflation.
Greece
In the Governor’s Annual Report 2021, published y-day, the BoG expects in the baseline scenario a GDP growth of 3.8% for 2022, compared to a 4.8% growth previously, while the adverse scenario foresees a 2.8% growth.
CESEE
In Cyprus, headline inflation, measured by national standards, accelerated to a new record high of 7.1%YoY in March from 6.6%YoY in February, with the biggest annual increases recorded in the categories of Housing, Water, Electricity, Gas and Other Fuels (+16.6%YoY) and Transport (+14%YoY).
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