Greek retailers had a good day on Sunday, the first Sunday shopping day before Christmas, according to the first figures released by the Hellenic Confederation of Commerce and Entrepreneurship (ESEE).
Based on performance during the first few days of the extended holiday opening hours, turnover in the retail sector was forecast to be the same or up to 2 pct higher than in 2016, ESEE announced.
Turnover in December 2017 is forecast to be around 3.5 billion euros, the level seen in 2016, but significantly less than the 5.37 billion euros recorded in 2009. According to ESEE΄s Institute of Commerce and Services, the accumulated reduction in Christmas turnover during the seven-year period is 35.2 pct.
On an annual level, the data for 2017 show a stabilisation and slight increase of retail turnover at 42 billion euros, up from 41.4 billion euros in 2016, up 1.5 pct.
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Source: capital.gr
