HIGHLIGHTS
December 11 2023
Global Markets
Strong economic data out of the US on Friday doused recent expectations about the extent of monetary policy easing to come from the Federal Reserve in 2024. The week ahead is heavy on major economic events, including Fed and ECB meetings.
Greece
The annual inflation rate based on the HICP, retreated to 2.9% in Nov-23, from 3.8% in Oct-23, whereas in the 11-month period from Jan-23 to Nov-23, it decelerated to 4.2%, from 9.4% in the respective period of 2022.
CESEE
Following the mild growth deceleration revealed in the preliminary Q3 GDP print, Bulgarian high-frequency data, such as retail sales and industrial production, for October pointed to some modest improvement.
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