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Greece Economic Sentiment February 2024

Greece: Economic sentiment records worst reading since December 2022 in February

Economic sentiment fell to 104.8 in February from January’s 107.2. February’s result marked the weakest sentiment since December 2022. However, the index remained above the long-term average of 100, pointing to a positive near-term outlook for the economy.

The headline print reflected declining sentiment in the industrial, construction and services sectors. Additionally, consumer confidence softened in February. That said, sentiment in the retail sector increased in the surveyed month.

Considering indicators that are not used to calculate the index, employment expectations improved, while the economic uncertainty index rose in February.

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