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Government’s growth ambitions meet RRF reality
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Disposable income rises in Q2, saving rate stays negative at -3 pct
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Wages index growth slows to 7.4 pct YoY in Q3
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Import prices contract again in Oct with 2.4 pct drop
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Subdued passenger car sales lead to overall drop of 1.6 pct in Nov
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Electricity propels 6.4 pct YoY jump in Oct industrial production
Growth in retail sales loses steam as index shrinks by 0.2 pct MoM in Jan
Greece’s retail sales slowed down the annual recovery in January, rising by 13.9 percent year-on-year (YoY), from an upwards revised 24 pct, Hellenic Statistical Authority (ELSTAT) data showed on Thursday.
It should be noted that Greece’s second lockdown was introduced in November 2020, so the annual growth captures the base effect of restrictions imposed in the previous year and a much-subdued retail season even during the annual sales.
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