Greece's retail trade growth accelerated to 10.1 percent year-on-year in September 2021, from a downwardly revised 5.3 percent in the previous month, boosted by sales of apparel, footwear, cosmetics and pharmaceuticals. Trade has been growing strongly since April, when the country allowed retail shops to reopen following many months of restrictions to curb the spread of the coronavirus pandemic. On a monthly basis, retail sales increased by 2.2 percent in September. source: National Statistical Service of Greece

Retail Sales YoY in Greece averaged -0.34 percent from 2001 until 2021, reaching an all time high of 39.80 percent in April of 2021 and a record low of -24.60 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 December of 2021.

Retail Sales YoY in Greece is expected to be 9.80 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Greece Retail Sales YoY is projected to trend around 3.20 percent in 2022 and 2.30 percent in 2023, according to our econometric models.

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Greece Retail Sales YoY


Calendar GMT Actual Previous Consensus TEForecast
2021-10-29 09:00 AM Aug 6.6% 11.4% 7.5%
2021-11-30 10:00 AM Sep 10.1% 5.3% 9%
2021-12-31 10:00 AM Oct 10.1% 5.7%


Related Last Previous Unit Reference
Retail Sales MoM 2.20 -1.60 percent Sep/21
Retail Sales YoY 10.10 5.30 percent Sep/21
Consumer Spending 32135.20 27927.80 EUR Million Jun/21

News Stream
Greek Retail Sales Surges by 10%
Greece's retail trade growth accelerated to 10.1 percent year-on-year in September 2021, from a downwardly revised 5.3 percent in the previous month, boosted by sales of apparel, footwear, cosmetics and pharmaceuticals. Trade has been growing strongly since April, when the country allowed retail shops to reopen following many months of restrictions to curb the spread of the coronavirus pandemic. On a monthly basis, retail sales increased by 2.2 percent in September.
2021-11-30
Greek Retail Sales Growth Eases in August
Retail sales in Greece advanced 11.6 percent year-on-year in August of 2021, easing from a downwardly revised 11.4 percent rise in the previous month. It was the fifth straight month of expansion in retail trade, with sales rising sharply for clothing & footwear (17.5 percent), pharmaceutical & cosmetic products (17.1 percent), furniture & household appliances (11.2 percent), and books, stationery & other goods (9.2 percent). Meanwhile, the sales fell in department stores (-4.9 percent) and automotive fuel (-3.5 percent), probably a side effect of the recent international spike in fuel prices. On a seasonally adjusted monthly basis, retail sales increased 1.2 percent.
2021-10-29
Greek Retail Sales Growth Quickens in July
Retail sales in Greece jumped 11.6 percent year-on-year in July of 2021, quickening from an upwardly revised 11.3 percent rise in the previous month. It was the fourth straight monthly expansion in retail trade, with sales rising sharply for pharmaceutical & cosmetic products (27.3 percent vs 24.3 percent in June) and clothing & footwear (23.3 percent vs 13.5 percent). Growth was also significant in food, beverages & tobacco (13.3 percent vs 7.0 percent); furniture, electrical equipment & household equipment (12.6 percent vs 15.6 percent); supermarkets (8.6 percent vs 7.1 percent); and in books, stationary & other goods (8.4 percent vs 12.1 percent). Lastly, automotive fuel sales rose less expressively (2.9 percent vs 6.9 percent), while trade shrank in wholesale stores (-2.9 percent vs 1.5 percent). On a seasonally adjusted monthly basis, retail sales fell 5.4 percent, following a revised 1.2 percent drop in June.
2021-09-30

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.