Retail sales see volume grow again
Retail sales volume posted a significant rise in October 2014 compared with the same month in 2013, while the constant decline in prices meant there was only marginal growth in turnover, according to data released on Wednesday by the Hellenic Statistical Authority (ELSTAT).
Sales volume grew for the fifth month in a row in October, at a rate of 3.7 percent year-on-year, while turnover posted a 0.5 percent expansion.
There is also an increase in the sales volume for the whole of the period from January to October 2014, from a year earlier, which confirms the slow but steady rebound in the retail sector. However, the positive or negative result for the entire year will depend on the course of sales in the last couple of months of 2014, which according to retail market estimates, was not satisfactory, given also the political uncertainty.
