Greek retail sales rise 0.4 pct y/y in December

29 February 2016
732 Views

Greek retail sales by volume rose 0.4 percent in December compared to the same month a year ago, led higher by clothing, footwear, books and stationery, statistics service ELSTAT said on Monday.

Data on gross domestic product have shown some resilience in Greek consumer spending, which declined by only 0.1 percent in the fourth quarter.

Tax hikes and capital controls, imposed at the end of June to stem a flight of deposits have weighed on the sector.

The biggest fall in retail sales last year was recorded in July at 7.2 percent.

You may be interested

AstraZeneca says it will meet with EC officials
HEALTH
shares16 views
HEALTH
shares16 views

AstraZeneca says it will meet with EC officials

Panos - Jan 28, 2021

In a last-minute development, AstraZeneca said it has not withdrawn from vaccine talks with the European Union and plans to…

Al Quaeda terrorist susepct in Greece extradited to the Netherlands
GREECE
shares13 views
GREECE
shares13 views

Al Quaeda terrorist susepct in Greece extradited to the Netherlands

Panos - Jan 28, 2021

A 33-year-old Syrian man accused of involvement in terrorist acts is being extradited from Greece to the Netherlands. The suspect…

Greece sells 10-year bond issue with record-low interest rate
FINANCE
shares12 views
FINANCE
shares12 views

Greece sells 10-year bond issue with record-low interest rate

Panos - Jan 28, 2021

Greece on Wednesday successfully completed a 10-year syndicated bond issue raising 3.5 billion euros from the market. The interest rate…

Leave a Comment

Your email address will not be published.