Retail sales rise by 12.3 pct YoY in Nov, but volumes barely move
Close of 2022 sees softer labour market, with 60,235 fewer jobs
Growth in producer prices slows to 16.5 pct in Dec as energy rise moderates
Loans grow by 6.3 pct in Dec, highest since 2009
Deposits record growth of 5 bln in Dec, balance at highest since summer 2011
Building permits rise by 8.2 pct in Oct, but surface and volume fall sharply
Monthly and volume retail sales data shrink in May, reflecting cost-of-living crisis
The growth in Greece’s retail sales experienced a significant slowdown in May, rising by 5.1 percent year-on-year (YoY) from a solid 18.8 percent in April, Hellenic Statistical Authority (ELSTAT) data showed on Friday.
Greece’s second lockdown was introduced in November 2020 and ran into 2021, so the annual growth captures the base effect and a much-subdued retail season, even during the annual sales and leading up to Easter last year.
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