According to a report that was released by the Institute for Economic and Industrial Research (IOBE) on Monday, Greece’s economic sentiment index dropped to 98.9 points last December, recording its lowest performance since April.
All economic sectors, except constructions, recorded a weakening of expectations, especially in the services and the retail sectors.
Moreover, consumer confidence worsened dramatically in December 2014.
Those figures are attributed to the political uncertainty which followed the Greek parliament’s failure to elect a president of the republic and the calling of general elections.
It should be noted, however, that the economic sentiment index rose in 2014 to its highest levels in the last six years.
