The economic sentiment in Greece dropped to 89.7 points in May, from 90.3 in April, according to the European Commission’s ‘Economic Sentiment Indicator-ESI’ for the month of May.
The Eurozone sentiment rose by 0.7 points to 104.7, while the EU rose by 0.5 points to 105.7. The increase in the Eurozone indicator is due to a rise in consumer confidence in retail trade and the construction industry. Confidence in the industrial sector remained unchanged, while services recorded a slight drop. France (+1.5) and Germany (+0.4) recorded an increase in sentiment, while sentiment in Spain fell by -0.4 points.
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