Greece: Economic sentiment improves in March
Economic sentiment rose to 108.4 in March from February’s 104.9. March’s result marked the strongest sentiment since August 2023. As a result, the index moved further above the long-term average of 100, pointing to a positive near-term outlook for the economy.
The headline print reflected improved sentiment in the industrial and services sector. Moreover, consumer confidence rose in March. On the flip side, confidence in the construction and retail sectors weakened in the surveyed month.
Considering indicators that are not used to calculate the index, employment expectations were healthier, while the economic uncertainty index fell in March.