Retail index rises another 15 pct in May from 2020 lows

EconomyMacroeconomy Tags: ELSTAT, Retail

Greece’s retail sales index continued its impressive rise with a 15 percent year-on-year (YoY) rise in May, from a slightly revised jump of 38.8 percent in April, according to Hellenic Statistical Authority data released on Friday.

This is the second, consecutive, rise of the index since October last year and it reflects the base effect of last year’s first lockdown, which was lifted at the start of May.

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