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Economy

Greek Retail Sales Volume Down 1.0% in August

October 30, 2020

ATHENS — Retail sales volume fell 1.0 pct in August, with turnover rising significantly in department stores, pharmaceuticals and cosmetics, but fell in supermarkets, Hellenic Statistical Authority said on Friday. The statistics service, in a monthly report, attributed this development to a rise in turnover in department stores (11.6 pct), pharmaceuticals-cosmetics (11.1 pct), food-alcohol-tobacco (3.1 pct), bookstores (1.7 pct) and furniture-home appliance (1.2 pct). On the other hand, turnover fell in clothing-footwear (3.4 pct), fuel-lubricants (3.1 pct) and supermarkets (1.0 pct).

The retail sales volume index (turnover in fixed prices) fell 1.0 pct in August compared with the same month last year but rose 5.4 pct from July 2020. The seasonally-adjusted index rose 1.1 pct in August from July 2020. The retail sales turnover index (turnover in current prices) fell 1.4 pct in August, year-on-year, but rose 4.5 pct from July 2020. The seasonally-adjusted index rose 0.8 pct in August from July 2020.

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