Retail sales in Greece climbed 7.1 percent year-on-year in October 2019, following a downwardly revised 5 percent rise in the previous month. It was the biggest annual gain in retail activity since February 2017, boosted by sales of pharmaceutical products, cosmetics (15.3 percent); books, stationery, other goods (9.7 percent); automotive fuel (9.5 percent); supermarkets (7.3 percent) and clothing & footwear (4.1 percent). On a seasonally adjusted monthly basis, retail sales went down 0.7 percent, after a downwardly revised 1 percent increase in the prior month.
Retail Sales YoY in Greece averaged -0.56 percent from 2001 until 2019, reaching an all time high of 13.60 percent in December of 2006 and a record low of -19.40 percent in December of 2010. This page provides the latest reported value for - Greece Retail Sales YoY - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.
Retail Sales YoY in Greece is expected to be 1.70 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Retail Sales YoY in Greece to stand at 1.90 in 12 months time. In the long-term, the Greece Retail Sales YoY is projected to trend around 2.00 percent in 2020, according to our econometric models.