Greek retail sales up by 0.4 pct in December

Greek retail sales’ volume increased 0.4 percent in December compared to the same month a year ago, led higher by clothing, footwear, books and stationery, statistics service ELSTAT said on Monday.

Data on GDP have record some resilience in Greek consumer spending, which declined by only 0.1 percent in the fourth quarter of 2015.

Tax hikes and capital controls, imposed at the end of June to stem a flight of deposits have weighed on the sector.

The sharoest fall in retail sales last year was recorded in July at 7.2 percent. 

RELATED TOPICS: GreeceGreek tourism newsTourism in GreeceGreek islandsHotels in GreeceTravel to GreeceGreek destinations Greek travel marketGreek tourism statisticsGreek tourism report

 

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