Retail sales in Greece increased by 3.2 percent year-on-year in August of 2018, up from a downwardly revised 2.3 percent rise in the prior month. It was the biggest gain in retail sales since May, mainly driven by sales of: furniture, electrical equipment & household equipment (6.7 percent); supermarkets (6.1 percent); books, stationery & other goods (3.2 percent); food, beverages & tobacco (2.1 percent); pharmaceutical products, cosmetics (0.8 percent) and automotive fuel (2.2 percent). On a seasonally adjusted monthly basis, retail trade decreased 0.9 percent, after a downwardly revised 1.3 percent increase in July. The main declines were recorded in sales of pharmaceutical products, cosmetics (-2.6 percent) and automotive fuel (-1.6 percent). Retail Sales YoY in Greece averaged -0.65 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.

Greece Retail Sales YoY
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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 3.2% 1.2%
2018-12-31 10:00 AM Retail Sales YoY 1.4%


Greece Consumer Last Previous Highest Lowest Unit
Consumer Confidence -38.30 -44.90 -3.20 -83.80 Index Points [+]
Retail Sales MoM -0.90 1.30 10.00 -9.50 percent [+]
Retail Sales YoY 3.20 2.30 13.60 -19.40 percent [+]
Consumer Spending 32618.90 31047.20 43367.50 24648.60 EUR Million [+]
Private Sector Credit 176689.82 177301.20 259292.47 2351.82 EUR Million [+]
Households Debt To GDP 55.70 57.10 65.30 5.50 percent of GDP [+]
Bank Lending Rate 4.45 4.71 7.40 4.33 percent [+]
Gasoline Prices 1.86 1.90 2.34 0.65 USD/Liter [+]
Consumer Credit 20768.55 20855.78 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 November of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
3.20 2.30 13.60 -19.40 2001 - 2018 percent Monthly
NSA




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