Greek retail sales…

Shoppers are seen walking down Ermou Street in central Athens. Figures showed yesterday that Greek retail sales dropped an annual 9.1 percent in terms of volume in July after a 4.4 percent decline in June, as austerity policies strain household budgets and curb consumption. Data from the Hellenic Statistical Authority showed retail sales by revenue dropped 3.7 percent year-on-year in July after a 1.2 percent increase the previous month.

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