The economic climate index also fell in June, closing at 106.1 out of 107.0 points last month, in the lowest performance of the last 10 months. According to a survey of his financial context IOBEthis new retreat comes from the weakening of expectations in industry as well as the deterioration of consumer confidence, while in other areas the image is stabilized or improved.

“Clearly, the economy is going through a period of intense uncertainties, especially in the international environment, with the industry that is more exposed to international developments in commercial protectionism and agreements more generally more affected. At the same time, the durability of domestic consumption, expectations for satisfactory tourist flows, as well as the high backlog projects in the construction sector, provide some optimism in services, retail and construction. “

But households, as recorded in consumer confidence, are generally more pessimistic. Consumer forecasts for their household financial situation in the upcoming 12 months are deteriorating, with 56% of households awaiting slight or noticeable deterioration of their financial situation and only 6% providing slight improvement. At the same time, forecasts for the country’s financial situation have deteriorated in 2025, as 61% provide slightly or noticeable deterioration of the financial situation, compared to 25%, which is simply awaiting stability. Overall, despite continuing recovery of the economy at a steady pace, as well as improved employment conditions, there is a relative concern from households, both for the prospects for increasing their real incomes and any possible challenges in the coming period.

More specifically:

– In industry, the negative balance of orders for orders and demand has been slightly intensified, stock estimates were marginally enhanced, and positive forecasts for production in the coming months have been mildly reduced.

– In constructions, mild negative forecasts for business work program were blunted and turned positive, while positive employment forecasts were slightly enhanced.

– In retail, estimates for current sales are significantly reinforced, with stocks being maintained at the previous month’s levels and forecasts for short -term sales evolution slightly fading.

– In the services, positive estimates of the current business status have been mildly strengthened, as well as estimates for current demand, with forecasts for the short -term development of demand being strongly divergent.

– In consumer confidence, the negative forecasts of households for the country’s financial situation have intensified, as well as those of their own financial situation. At the same time, forecasts for major markets weakened while the intention of saving was limited.