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Greece Economic Sentiment November 2023

Greece: Economic sentiment falls to 10-month low in November

Economic sentiment came in at 106.2 in November, down from October’s 106.6. November’s result marked the worst performance since January. Nonetheless, the index remained above the long-term average of 100, pointing to a positive near-term outlook for the economy.

The downtick was solely driven by weaker consumer confidence. Sentiment in the construction, retail and services sectors improved, while sentiment in the industrial sector was unchanged.

Considering indicators that are not used to calculate the index, employment expectations were healthier, while the economic uncertainty index decreased in November.

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