Greek economic sentiment index up in Oct

Gazzetta team
Greek economic sentiment index up in Oct
Greece's economic sentiment index recovered further in October rising to 86.5 points, from 83.1 in September, but remained very low compared with October 2014 reading of 102.3 points.

The Institute for Economic and Industrial Research (IOBE), in a monthly report, said all sectors recorded improved expectations with the exception of the services sector, while consumer confidence also improved in October. Both enterprises and consumers were moving in an after-election environment defined by a new program and an agreement reached with the country's creditors.
More analytically, expectations in the industrial sector remained flat over production in the next few months, while the balance of expectations over inventories eased slightly and negative expectations over demand and orders improved slightly.
In the services sector, negative expectations over current and short-term demand deteriorated.
In the retail sector, expectations over current and short-term sales improved while inventories fell.
In the construction sector, expectations were less negative over current work program, while forecasts over employment in the sector recovered slightly.
Consumer confidence improved in October, although expectations over households' finances remained unchanged in the month. Expectations over the country's finances in the next 12 months, unemployment and savings recorded a positive change in the month.