Greece: Economic sentiment rises in July
Latest reading: Economic sentiment rose to 109.1 in July from June’s 106.1. July’s result marked the strongest sentiment since September 2024. Consequently, the index remained above the long-term average of 100, pointing to a positive near-term outlook for the economy.
The headline print reflected stronger sentiment in the industrial and services sectors. That said, sentiment in the construction and retail sectors softened in the surveyed month. Moreover, consumer confidence waned.
Considering indicators that are not used to calculate the index, employment expectations improved, while the economic uncertainty index increased in July.