Retail sales rise by 12.3 pct YoY in Nov, but volumes barely move

EconomyMacroeconomy Tags: ELSTAT, Retail

The growth in Greece’s retail sales picked up pace in November, rising by 12.3 percent year-on-year (YoY), from 8 percent growth in October, Hellenic Statistical Authority (ELSTAT) data showed on Tuesday.

The corresponding volume index rose by just 0.9 percent annually, as volume reflects the impact of the cost-of-living crisis and strips out the effects of inflation on prices that inflate turnover.

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