ECONOMY

November retail sales up 3.1 pct, led by pharmaceuticals

november-retail-sales-up-3-1-pct-led-by-pharmaceuticals

Greek retail sales by volume rose 3.1 percent in November compared to the same month last year after an upwardly revised 7.2 percent rise in October, statistics service ELSTAT said on Friday.

Retail sales were led higher by pharmaceuticals and cosmetics as well as books and footwear, the data showed.

Greece's economy continued to recover in the third quarter, driven by net exports, but its expansion slowed from the second quarter amid weaker consumer spending and investments.

[Reuters]