Foundation for Economic & Industrial Research (IOBE)

The unemployment rate in Greece recorded a further decline in January 2025, reaching 8.9%, according to the latest Foundation for Economic & Industrial Research (IOBE) report. The number of jobless individuals decreased to 410,000, marking a 31.4% drop compared to the previous year over the same period. Meanwhile, employment increased by 1.3% year-on-year, reaching 4.21 […]

According to IOBE, the uptick is primarily attributed to Industry and Construction, with consumer trust showing a more moderate improvement while retail trade appears to be waning after the holiday period

In services, expectations declined (-0.9), reflecting deteriorating assessments of current demand, future demand forecasts, and evaluations of the current business situation

It settled a a 5-month low at 106.8 in July