Car registrations resume upward trend in August rising by 20.1 pct

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

After a short-lived drop by 23.9 percent in July, the number of road motor vehicles (going into circulation for the first time) rose by 20.1 percent in August, Hellenic Statistical Authority (ELSTAT) data showed on Wednesday.

The sharp decline in July was primarily attributed to the imposition of capital controls and was the first negative reading since August 2013, while the rate of decrease was the highest since January 2013. However, today’s figures showed road motor cars...

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