The economic sentiment in Greece improved in January, while slightly decreasing in the Eurozone and the EU compared to the high levels of the last 17 years in December, according to the results of a research conducted by the European Commission. In Greece, the Economic Sentiment Indicator (ESI) increased to 101.9 from 101.3 in December. In the Eurozone and the EU, the ESI decreased by 0.6, falling to 114.7, and by 0.4, falling to 114.7, respectively.

The increase of the ESI in Greece is due to the improvement of confidence in industry, retail trade and the construction sector. The decrease of the ESI in the Eurozone is due to the significant decline of confidence in services and retail trade, while confidence in industry remained stable. On the other hand, the consumer confidence indicator and, especially, the construction confidence indicator increased.

Translation: Eleni Gogou