Led by a sharp drop in food sales, retail contracts by 1.4 pct YoY in Apr

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

Greece’s retail sales resumed the contraction in April with a 1.4 percent year-on-year (YoY) drop, after a strong rebound of 11.1 percent in March, Hellenic Statistical Authority (ELSTAT) data showed on Friday.

The corresponding volume index recorded a solid decrease of 6.3 percent YoY.

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