An increase of 16.4% was recorded in the turnover of retail businesses with the obligation for double-entry accounting bookkeeping, for which data are available on a monthly basis, in May this year and amounted to 3.11 billion euros, from 2.67 billion euros in May 2021.
1. Enterprises in retail trade divisions obliged to double-entry accounting bookkeeping
For the enterprises in retail trade divisions obliged to double-entry accounting bookkeeping, for which data are available on a monthly basis, the turnover in May 2022 amounted to 3.11 billion euro, recording an increase of 16.4% in comparison with May 2021, when the respective turnover was 2.67 billion euros and an increase of 2.1% in comparison with April 2022, when the respective turnover was 3.0 billion euro.
The activities that recorded the biggest increase in turnover in May 2022 compared with May 2021 are:
• Retail sale of cosmetic and toilet articles in specialized stores, increase 58.1%.
• Retail sale of carpets, rugs, wall and floor coverings in specialized stores, increase 49.1%.
The activities that recorded the biggest decrease in turnover in May 2022 compared with May 2021 are:
• Sale of other motor vehicles, decrease 14,2%.
• Retail sale of electrical household appliances in specialized stores, decrease 3.3%.
The Regions that recorded the biggest increase in turnover in May 2022 compared with May 2021 are:
• Region of South Aegean, increase 65.5%.
• Region of Ionian Islands, increase 32.2%.
Read also – Retail turnover increases 14.6% in the first quarter – Turnover at 12.8 billion euros
2. Enterprises in retail trade divisions, excluding vehicles, food and fuel classes, obliged to double-entry accounting bookkeeping
For the enterprises in retail trade divisions, excluding vehicles, food and fuel classes, obliged to double-entry accounting bookkeeping, for which data are available on a monthly basis, the turnover in May 2022 amounted to 0.83 billion euro, recording an increase of 14.5% in comparison with May 2021, when the respective turnover was 0.73 billion euro and an increase of 1.9%
in comparison with April 2022, when the respective turnover was 0.82 billion euroσ.
The Regions that recorded the biggest increase in turnover in May 2022 compared with May 2021 are:
• Region of South Aegean, increase 83.5%.
• Region of Attiki, increase 14.7%.
The Regions that recorded decrease in turnover in May 2022 compared with May 2021 is:
• Region of Epirus, decrease 14.0%.
• Region of Northern Aegean, decrease 4.4%.
Latest News
Capital Link Forum Highlights Greece’s Economic Resurgence; Honors BoG Gov Stournaras
Capital Link Hellenic Leadership Award recipient, Bank of Greece Gov. Yannis Stournaras, an ex-FinMin, was lauded for his pivotal role during Greece’s economic recovery
Tourist Spending in Greece Up by 14%, Visa Card Analysis Shows
Greece’s capital Athens emerged as the most popular destination, recording a 17% increase in transactions with Visa cards, surpassing even the cosmopolitan island of Mykonos.
Inflation in Greece Unchanged at 2.4% in Nov. 2024
The general consumer price index (CPI) posted a 0.4% decrease in November compared to the previous month
2024 Christmas Holidays: Extended Shop Hours Schedule
The 2024 Christmas Holidays extended shop hours schedule commences on Thursday, December 12 and runs until the end of the year.
ELSTAT: Seasonally Adjusted Unemployment Down in October
The number of employed individuals reached 4,284,694, an increase of 67,723 compared to October 2023 (+1.6%) and 22,002 compared to September 2024 (+0.5%).
Greek PM’s Chief Economic Adviser Resigns
In the post on his Facebook page, Patelis did not disclose the reasons that led him to step down.
“Masdar Invests in the people of Greece and in the vision of TERNA ENERGY”
Four messages from the CEO of Masdar, the Arab renewable energy giant, after its acquisition of 70% of TERNA ENERGY
Lloyd’s List Greek Shipping Awards 2024: Honors for leading companies and personalities in the Greek shipping sector
20 awards presented at the 21st annual Lloyd's List Greek Shipping Awards
Syria’s Bashar al-Assad, His family Granted Asylum by Russia
Reuters also reported that a deal has been struck to ensure the safety of Russian military bases in the war-ravaged country
Greece to Introduce Artificial Intelligence into Its Education System
Currently, Greece is taking its first steps to bring AI into classrooms through the AI4edu program, which is being co-funded by the European Union