HIGHLIGHTS
October 11 2022
Global Markets
Risk-off sentiment prevailed on expectations of further rate tightening by major CBs and the escalating Ukraine war, sovereign bonds remained under pressure and the USD was broadly firmer.
Greece
The annual HICP inflation rate in Greece (source: ELSTAT), after dropping, albeit marginally, for two months in a row, picked up again in September 2022, registering a value of 12.1% (10.0% in the Euro Area) from 11.2% in August 2022 (9.1% in the Euro Area)
CESEE
The seasonally adjusted unemployment rate in Turkey stood at 9.6% in August, an 8.5-year low. The fall by 2.2ppts on an annual basis was backed by a strong increase in employment by 7.0%.
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