Retail sales in Greece increased by 3.3 percent year-in-year in September of 2018, slowing from an upwardly revised 3.6 percent gain in the previous month. It was the smallest increase in retail sales since July, mainly driven by sales of books, stationery & other goods (7.4 percent); supermarkets (5.9 percent); clothing & footwear (4.7 percent); automotive fuel (1.0 percent) and pharmaceutical products & cosmetics (-1.5 percent). On a seasonally adjusted monthly basis, retail trade went down 0.1 percent, after a downwardly revised 0.7 percent decline in August. Main declines were recorded in department stores (-3.8 percent) and pharmaceutical products & cosmetics (-2.4 percent). Retail Sales YoY in Greece averaged -0.63 percent from 2001 until 2018, 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.

Retail Sales YoY in Greece is expected to be 1.50 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 2.16 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.

Greece Retail Sales YoY
width
height
Forecast Data Chart
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.


Calendar GMT Actual Previous Consensus TEForecast
2018-08-31 09:00 AM Retail Sales YoY 1.8% 4.2% 2.5%
2018-09-28 09:00 AM Retail Sales YoY 2.5% 1.7% 1.5%
2018-10-31 10:00 AM Retail Sales YoY 3.2% 2.3% 1.1%
2018-11-30 10:00 AM Retail Sales YoY 3.3% 3.6% 1.2%
2018-12-31 10:00 AM Retail Sales YoY 3.3%
2019-01-31 10:00 AM Retail Sales YoY
2019-02-28 10:00 AM Retail Sales YoY 1.50%


Greece Consumer Last Previous Highest Lowest Unit
Consumer Confidence -35.80 -38.30 -3.20 -83.80 Index Points [+]
Retail Sales MoM -0.10 -0.70 10.00 -9.50 percent [+]
Retail Sales YoY 3.30 3.60 13.60 -19.40 percent [+]
Consumer Spending 32998.00 32618.90 43367.50 24648.60 EUR Million [+]
Private Sector Credit 174775.57 176689.82 259292.47 2351.82 EUR Million [+]
Households Debt To GDP 55.70 57.10 65.30 5.50 percent of GDP [+]
Bank Lending Rate 4.64 4.45 7.40 4.33 percent [+]
Gasoline Prices 1.86 1.90 2.34 0.65 USD/Liter [+]
Consumer Credit 20261.20 20768.55 36512.80 0.73 EUR Million [+]
Consumer Confidence Current Conditions -76.60 -74.30 5.80 -98.60 [+]
Consumer Confidence Economic Expectations -74.90 -73.60 17.20 -88.70 [+]
Consumer Confidence Financial Expectations -63.70 -63.00 11.60 -79.10 [+]
Consumer Confidence Major Purchases Expectations -57.90 -57.30 4.80 -81.20 [+]
Consumer Confidence Price Trends 15.40 11.60 60.10 -16.60 [+]
Consumer Confidence Savings Expectations -83.90 -83.60 -23.30 -86.80 [+]
Consumer Confidence Unemployment Expectations 52.50 58.40 92.90 3.80 [+]


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. 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 - actual data, historical chart and calendar of releases - was last updated on December of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
3.30 3.60 13.60 -19.40 2001 - 2018 percent Monthly
NSA




Related

Latest