Greek economic sentiment down in January but consumer confidence rises

EconomyMacroeconomy Tags: Sentiment
Photo by MacroPolis
Photo by MacroPolis

Greece’s economic sentiment (ESI) continued retreating for the second straight month in January, when it fell by 3.8 points to 95.3 from 99.1 in December, according to the European Commission (EC).

January’s figure is the lowest reading since February 2014 and indicates a cumulative drop of 7.5 points in the last two months, in the aftermath of domestic political developments and turmoil.

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