Greek retail sales rise 2.3 pct in July led by books, furniture


Greek retail sales by volume grew 2.3 percent in July compared to the same month a year ago after an downwardly revised 3.7 percent increase in June, statistics service ELSTAT said on Friday.

Retail sales were led higher by furniture, household appliances, footwear, books and stationary the data showed.

Greece’s economy expanded in the first three months of 2017 as gross domestic product grew by 0.4 percent compared to the final quarter of 2016 when it contracted by 1.1 percent.

The government expects the economy to grow by about 2 percent this year. [Reuters]