Retail sales grow for fifth month in a row but rate eases to 8.8 pct

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

Growth in Greece’s retail sales slowed down in August, rising by 8.8 percent year-on-year (YoY), from a slightly downward revised 13.1 percent in July, Hellenic Statistical Authority (ELSTAT) data showed on Friday.

Retail sales have been growing continuously since April, after nearly one year of decline, during which the sector was hit hard by the pandemic lockdowns.

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