Turnover in the tourism sector falls 8 pct in Q4, first negative reading since Q1 2013

EconomyMacroeconomy Tags: Tourism
Photo by MacroPolis
Photo by MacroPolis

The Turnover Index in Accommodation and Food Services dropped by 8 percent year on year (YoY) in the fourth quarter (Q4) of 2015 from a revised rise by 5.2 percent in Q3, Hellenic Statistical Authority (ELSTAT) figures displayed on Wednesday.

ELSTAT revised the indices for the last four quarters, which now show much slower growth rates.

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