Retail sales in Greece plunged 24.8 percent year-on-year in April of 2020, the biggest drop ever as the country stayed in lockdown between the end of March and mid-May due to the coronavirus pandemic. Sales of books, stationery and other goods slumped 52.5 percent, auto fuel sank 31.9 percent, sales of food, beverages and tobacco went down 26.3 percent and those of pharmaceuticals products and cosmetics fell 3.6 percent. In contrast, sales in supermarkets went up 6.2 percent. On a monthly basis, retail sales plunged 25.5 percent.

Retail Sales YoY in Greece averaged -0.61 percent from 2001 until 2020, reaching an all time high of 13.60 percent in December of 2006 and a record low of -24.80 percent in April of 2020. 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. Greece Retail Sales YoY - data, historical chart, forecasts and calendar of releases - was last updated on July of 2020.

Retail Sales YoY in Greece is expected to be 1.90 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.

Ok
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.

Please Paste this Code in your Website
width
height
Greece Retail Sales YoY

Actual Previous Highest Lowest Dates Unit Frequency
-24.80 -2.40 13.60 -24.80 2001 - 2020 percent Monthly
WDA


Calendar GMT Actual Previous Consensus TEForecast
2020-03-31 09:00 AM Jan 8.4% 0.6% 2%
2020-04-30 09:00 AM Feb 3.5% 6.2% 6.5%
2020-05-29 09:00 AM Mar -3.1% 2.5% 2%
2020-06-30 09:00 AM Apr -24.8% -2.4% -22%
2020-07-31 09:00 AM May -24.8%
2020-08-31 09:00 AM Jun 2.2%
2020-09-30 09:00 AM Jul
2020-10-30 10:00 AM Aug


News Stream
Greece Retail Sales Fall at Record Pace
Retail sales in Greece plunged 24.8 percent year-on-year in April of 2020, the biggest drop ever as the country stayed in lockdown between the end of March and mid-May due to the coronavirus pandemic. Sales of books, stationery and other goods slumped 52.5 percent, auto fuel sank 31.9 percent, sales of food, beverages and tobacco went down 26.3 percent and those of pharmaceuticals products and cosmetics fell 3.6 percent. In contrast, sales in supermarkets went up 6.2 percent. On a monthly basis, retail sales plunged 25.5 percent.
2020-06-30
Greek Retail Sales Fall the Most in Over a Year
Retail sales in Greece dropped 3.1 percent over a year earlier in March 2020, following a downwardly revised 2.5 percent rise in the previous month. It was the largest decline in retail trade since February last year, amid business closures and lockdowns due to the coronavirus pandemic. Sales fell for furniture, electrical appliances & household equipment (-13.8 percent from 3.1 percent in February); and books stationery and other goods (-16.9 percent from 4.5 percent). Also, sales declined further for food, beverages & tobacco (-13.3 percent from -10.3 percent); department stores (-25.3 percent from -7.1 percent); automotive fuel (-11.5 percent from -7.9 percent); and clothing & footwear (-49.8 percent from -6.3 percent). In contrasts, sales at supermarkets rose at a faster pace (20.5 percent from 12.7 percent). On a seasonally adjusted monthly basis, retail trade went down 2 percent.
2020-05-29
Greek Retail Sales Rise at Softer Pace
Greece's retail sales increased by 3.5 percent from a year earlier in February 2020, easing from a revised 6.2 percent advance in the previous month. Retail sales were led higher by cosmetics and pharmaceuticals and food stores.
2020-04-30
Greek Retail Sales Rise the Most in Nearly 3 Years
Retail sales in Greece rose 8.4 percent over a year earlier in January 2020, following an upwardly revised 0.6 percent gain in the previous month. It was the biggest increase in retail trade since February 2017, boosted by sales of food, beverages & tobacco (2.5 percent from -9.2 percent in December); supermarkets (3.9 percent from -1.9 percent); department stores (1.6 percent from -1.9 percent); automotive fuel (7 percent from -0.5 percent); furniture, electrical appliances & household equipment (19.5 percent from 16.7 percent); clothing & footwear (11.7 percent from 4.6 percent); and cosmetics & pharmaceutical products (14.5 percent from 0.4 percent). On a seasonally adjusted monthly basis, retail trade went up 3.3 percent, rebounding from a downwardly revised 1.3 percent fall in the prior month.
2020-03-31

Greece Retail Sales YoY
In Greece, the year-over-year change in Retail sales compares the aggregated sales of retail goods and services during a certain month to the same month a year ago.