Retail commerce saw turnover plummet by around 4.5 billion euros in 2020 due to the pandemic and the lockdowns, shedding around €1.5 billion in the fourth quarter of the year, the Hellenic Statistical Authority reported on Tuesday, ekathimerini.com reports.
ELSTAT announced that the accumulated turnover was €47.25 billion, down 8.6% from 2019 (€51.72 billion).
Turnover fell for jewelry and watch stores by 46.8% and 39.8% for textiles and apparel in open markets.
Businesses offering postal or online sales reported an 18% rise in turnover and enterprises in computer and software reported a 13.1% hike.
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