Mixed messages passes for the Greek economy The Commission’s report on the financial climate July, especially in terms of retail.
This is because while the economic climate in general, as it is measured in the various sectors, was pushed higher, the retail has recorded a “dip” that is not justified by the period we are going through in the midst of the tourist season, which traditionally favors retail sales.
Thus, while the economic climate generally increased to 109.1 points, from 106.1 in June, retailing a drop from +21.8 to -0.1 points, ie 21.9 points total.
The climate among consumers continued to be… gloomy, as from -46.9 it crashed to -47.6 points.
The construction industry also moved down as 21.8 units fell to 18.
On the other hand, industry (9.6 points from 3.2) and services (30.2 points from 29.3) moved up.
As far as Europe is concerned in July 2025, the economic climate index was reinforced both in the EU (+1 points at 95.3) and the eurozone (1.6 points at 95.8).