Greece: Retail sales Y-on-Y
* indicates monthly or quarterly data series
The most recent value is 5.71 percent as of June 2024, a decline compared to the previous value of 9.01 percent. Historically, the average for Greece from January 2001 to June 2024 is -0.15 percent. The minimum of -24.3 percent was recorded in April 2020, while the maximum of 39.51 percent was reached in April 2021.
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* indicates monthly or quarterly data series
- Measure: percent
- Source: Eurostat
| Recent values | Greece: Retail sales Y-on-Y |
|---|---|
| 2024 Jun | 5.71 |
| 2024 May | 9.01 |
| 2024 Apr | -5.59 |
| 2024 Mar | 5.16 |
| 2024 Feb | -8.77 |
| 2024 Jan | -8.31 |
| 2023 Dec | 0.4 |
| 2023 Nov | -4.27 |
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Definition: The retail sales Y-on-Y is an aggregated measure of the sales of retail goods over a stated period. Because retail sales are a measure of consumer demand for finished goods, they are a leading macroeconomic indicator of the pulse of an economy and its projected path toward expansion or contraction.
Retail sales Y-on-Y is calculated as the percent change in the Retail sales index from the same month the previous year.
The Retail sales Y-on-Y measures only volume changes, i.e. price level changes are excluded.
| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| Industrial production | 1.80 | 9/2023 | percent |
| Retail sales | 99.30 | 9/2023 | index points |
| Retail sales Y-on-Y | -3.69 | 9/2023 | percent |
| House price index | 100.06 | Q3/2023 | index points |
| Real residential property prices Y-on-Y change | 10.03 | Q3/2023 | percent |
| Business confidence survey | 14.06 | 9/2023 | points |
| Consumer confidence survey | -45.00 | 9/2023 | points |
| Purchasing Managers Index (PMI), manufacturing | 50.30 | 9/2023 | index points |