Greece: Supermarket Sales to Rise by 0.8% in 2021, Survey

ATHENS — Supermarket executives expect a 0.7% increase in sales in the second half of 2020 compared with the corresponding period last year and a 0.8% increase throughout 2021, the Research Institute of Retail Consumer Goods IELKA said in a survey released on Tuesday.

More specificially, a 43% of respondents expect supermarket sales to rise during the second half of 2021, with a 21% expecting a decline. Sales are expected to rise by 0.7% in the July-December period compared with the same period last year and by 0.8% in 2021. The forecast includes the Christmas period, which traditionally accounts for around 10% of annual sales. The survey recorded a reversal of a negative trend which prevailed in 2020, with a 57% of respondents saying the economic condition improved, while a 25% said the economic condition worsened. The positive forecasts are based on four factors: improved tourist trends, a package of tax cuts announced by the government, an increase in e-sales and to a strong economic recovery. On the other hand, rising prices in hospitality and limitations in accessing supermarket stores have a negative impact. The survey was conducted on a sample of 160 supermarket executives in the period September 20-30.


ATHENS - An Ecofin decision to incorporate the REPowerEU programme in an update of national Recovery and Resilience plans will allow the strengthening of strategic energy infrastructure which further enhances the national advantage of diversifying energy sources and routes, along with cross-border connections, boosting energy economy, environmental footprint and the country's regional role in the energy map, Greek Finance Minister Christos Staikouras said.

Top Stories


A pregnant woman was driving in the HOV lane near Dallas.

General News

FALMOUTH, MA – The police in Falmouth have identified the victim in an accident involving a car plunging into the ocean on February 20, NBC10 Boston reported.

General News

NEW YORK – Meropi Kyriacou, the new Principal of The Cathedral School in Manhattan, was honored as The National Herald’s Educator of the Year.


Crowds Flock to Funeral of Alison Russo-Elling, Victim of Greek-American Assailant

BROOKVILLE – With honors befitting an FDNY EMS lieutenant who fell in the line of duty, Alison Russo-Elling was buried today.

Enter your email address to subscribe

Provide your email address to subscribe. For e.g. abc@xyz.com

You may unsubscribe at any time using the link in our newsletter.