Travel receipts edge up 1.7 pct in May on higher foreign arrivals

EconomyMacroeconomy Tags: BoG, Tourism
Photo by Panayotis Tzamaros/Fosphotos
Photo by Panayotis Tzamaros/Fosphotos

Greece's travel receipts edged up by 1.7 percent in May, decelerating from the 11.3 percent growth recorded in April, Bank of Greece (BoG) data revealed on Monday.

Receipts stood at 1.09 billion euros in May, while the corresponding payments fell by 2.6 percent to 167.7 million. As a result, travel surplus improved by 2.5 percent to 925.9 million from 903.2 million a year ago.

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