Greek consumer confidence index remained unchanged at 53 points for the third successive quarter, but down by 12 points compared with the beginning of 2015, Nielsen said in its Consumer Confidence report released on Tuesday.
The report showed a significant increase of views that Greece will remain in a recession in 2016 to 85 pct of respondents, up six points compared with the previous quarter and 31 points up from the start of 2015. Eight out of 10 respondents seemed worried about their personal finances as a 32 pct of respondents said they had no spare money, while a 35 pct said they were using their spare money to repay debts. Eight out of 10 respondents said they were constantly trying to cut their household expenses by purchasing cheaper food, cutting spending for outdoors entertainment and spending money on clothing and food delivery.
Greek were more concerned about their jobs (42 pct compared with a 19 pct average rate in the rest of Europe), the economy (38 pct compared with 20 pct) and their debts (24 pct from 11 pct). Concern about a possible war grew by seven percentage points to 11 pct, while concern about immigration were low (5.0 pct).
RELATED TOPICS: Greece, Greek tourism news, Tourism in Greece, Greek islands, Hotels in Greece, Travel to Greece, Greek destinations , Greek travel market, Greek tourism statistics, Greek tourism report
