Following a 2.2% GDP growth in the first quarter, Greece remains on course to meet its full-year growth target of 2.3%, outperforming the EU average of 1.5%. While in the EU inflation stood at around 2.3% in Q1 and eased to 2% in Q2, core inflation remains persistently high and continues to exceed that of the euro area, with the gap widening further in June due to an increase in Greece’s rate.
