Growth in car sales eases to 1.9 pct in Apr as new purchases drop

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

Road motor vehicles going into circulation for the first time increased by 1.9 percent year-on-year (YoY) in April, slowing down from the growth of 7.6 percent in March, according to Hellenic Statistical Authority (ELSTAT) data released on Friday.

In April 2021, the year-on-year change was a massive 355.5 percent, due to the base effect of April 2020 when Greece was in its first lockdown.

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