Industry: 4% Rally in Greek Production, But Also Two Brakes
The Greek industrial sector reports a significant 4% increase in production for December, although exports are declining and energy costs remain disproportionately high compared to European competitors.
IOBE: Slight decline of the economic climate index in January
The economic climate index declined slightly in January, closing at 105.4 points, down from 106.9 points in December, due to weakened expectations in services and a downward trend in consumer confidence, while industrial expectations remained largely unchanged.
IOBE: Greece runs faster than Europe, small steps of improvement in retail and consumer confidence
According to IOBE's economic survey, Greece is progressing faster than Europe, with modest improvements in retail and consumer confidence, while optimism returns in 2025 amidst inflation and protests.
IOBE: Improvement of the economic climate in December with a boost in consumer confidence
The economic climate index significantly improved in December, rising to 107.4 points from 105.9 points in November, with most service sectors experiencing growth and consumer confidence also increasing.