Retail sales in Greece rose 3.1 percent year-on-year in November 2019, after an upwardly revised 7.2 percent gain in the previous month. Sales increased much less for food (1.4 percent vs 6.4 percent n October) and non-food products (6 percent vs 8.5 percent), namely pharmaceuticals (11 percent vs 17.3 percent). In addition, those of automotive fuel decreased (-0.3 percent vs 9.3 percent). On a seasonally adjusted monthly basis, retail trade went up 0.5 percent, after shrinking 0.7 percent in the previous month..
Retail Sales YoY in Greece averaged -0.54 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 2.00 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 1.80 in 12 months time. In the long-term, the Greece Retail Sales YoY is projected to trend around 1.80 percent in 2021 and 2.00 percent in 2022, according to our econometric models.