Growth in accommodation and food services turnover slows to 6 pct in Q1

EconomyMacroeconomy Tags: ELSTAT, Services
Photo by MacroPolis
Photo by MacroPolis

The Turnover Index in Accommodation and Food Services grew for the eighth successive quarter in Q1 2015, albeit at a slower pace of 6 percent from 22.2 percent in Q4 2014, according to Hellenic Statistical Authority (ELSTAT).

In 2014, the index rose for the second straight year. It increased by 13.7 percent following an increase of 4.8 percent in 2013. This performance was also affirmed by Bank of Greece (BoG) data showing travel receipts grew by 10.6 percent to 13.44 billio...

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