ELSTAT, the Hellenic Statistical Authority, reported that Greek businesses recorded a 12.7% increase last July, reaching €37.95 billion, compared to July 2023, when it stood at €33.67 billion.
The data concerns companies maintaining double-entry bookkeeping, and for which monthly data are available.
The most substantial uptick compared to July 2023 was posted by enterprises in the “Electricity, Natural Gas, Steam, and Air Conditioning Supply” sector, with a 35.6% increase, while the smallest increase was seen in the “Human Health and Social Work Activities” sector, at just 1%.
ELSTAT: Retail Sector Performance
It should also be noted that retail trade turnover grew at a positive rate in the second quarter of 2024, according to recent ELSTAT data.
Specifically, for all retail businesses, turnover in the second quarter of 2024 amounted to €18.11 billion, a 4.3% increase compared to the second quarter of 2023, when it reached €17.37 billion, and a 15.4% increase compared to the first quarter of 2024, when it stood at €15.69 billion, according to ELSTAT data.
For retail businesses, excluding the vehicle, food, and fuel sectors, turnover in the second quarter of 2024 reached €6.57 billion, showing a 4.1% increase compared to the second quarter of 2023, when it stood at €6.31 billion, and a 22.8% increase compared to the first quarter of 2024, when it reached €5.35 billion.
Source: tovima.com
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