Retail sales down by 2.6 pct in January for third straight monthly decline

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

The turnover of Greece’s retail trade index fell for the third successive month in January, when it declined by 2.6 percent from a revised 3.8 percent drop in December, according to the Hellenic Statistical Agency (ELSTAT).

Since 2009, retail turnover has nosedived by more than 30 percent on the back of a similar drop in household disposable income mainly reflecting heightened unemployment, a cut in private and public sector salaries and pensions as well as increased taxes.

You need a subscription to access our analysis. Please choose one of the packages available.

If you are already registered, please sign in.

Full Access

A tailor-made service for professionals

Apart from having access to all our analysis and data, subscribers will be able to consult one-on-one with our analysts.

Free Access

Read some of our analysis for no charge

By signing up to MacroPolis, readers will be able to read two of our articles without charge each month. They will not have access to our data or weekly e-newsletter.

Standard Access

Our analysis and data at your fingertips

Subscribers will be able to read the full range of our articles, access our statistics and charts, and receive our weekly e-newsletter for €450 per year.