Greek consumer confidence fell again in October, with households among the most pessimistic in Europe. Most say they are struggling financially, expect prices to keep rising, and see little chance of saving in the year ahead.

While IOBE maintains its positive outlook on the growth of the Greek economy in 2025, also projecting 2.4% GDP growth in 2026, it expressed concerns about the level of inflation.

Many Greeks don’t expect to save or make major purchases in the next year, and some plan to dip into deposits.

The trade deficit amounted to 4.6 billion euros, up by 340 million euros from the same period last year.

The data revealed that the primary drivers of the slight drop were the industrial and retail trade sectors. Conversely, construction and consumer confidence improved.

Creating high level golf tourism infrastructure in Greece can boost the country's competitiveness on the global market.

Over six in ten (65%) of households said that their financial situation worsened over the past year

The positive balance of expectations for employment witnessed a marginal decline, while the index for production forecasts also recorded a mild drop