An increase of 16.4% was recorded in the turnover of retail businesses with the obligation for double-entry accounting bookkeeping, for which data are available on a monthly basis, in May this year and amounted to 3.11 billion euros, from 2.67 billion euros in May 2021.
1. Enterprises in retail trade divisions obliged to double-entry accounting bookkeeping
For the enterprises in retail trade divisions obliged to double-entry accounting bookkeeping, for which data are available on a monthly basis, the turnover in May 2022 amounted to 3.11 billion euro, recording an increase of 16.4% in comparison with May 2021, when the respective turnover was 2.67 billion euros and an increase of 2.1% in comparison with April 2022, when the respective turnover was 3.0 billion euro.
The activities that recorded the biggest increase in turnover in May 2022 compared with May 2021 are:
• Retail sale of cosmetic and toilet articles in specialized stores, increase 58.1%.
• Retail sale of carpets, rugs, wall and floor coverings in specialized stores, increase 49.1%.
The activities that recorded the biggest decrease in turnover in May 2022 compared with May 2021 are:
• Sale of other motor vehicles, decrease 14,2%.
• Retail sale of electrical household appliances in specialized stores, decrease 3.3%.
The Regions that recorded the biggest increase in turnover in May 2022 compared with May 2021 are:
• Region of South Aegean, increase 65.5%.
• Region of Ionian Islands, increase 32.2%.
Read also – Retail turnover increases 14.6% in the first quarter – Turnover at 12.8 billion euros
2. Enterprises in retail trade divisions, excluding vehicles, food and fuel classes, obliged to double-entry accounting bookkeeping
For the enterprises in retail trade divisions, excluding vehicles, food and fuel classes, obliged to double-entry accounting bookkeeping, for which data are available on a monthly basis, the turnover in May 2022 amounted to 0.83 billion euro, recording an increase of 14.5% in comparison with May 2021, when the respective turnover was 0.73 billion euro and an increase of 1.9%
in comparison with April 2022, when the respective turnover was 0.82 billion euroσ.
The Regions that recorded the biggest increase in turnover in May 2022 compared with May 2021 are:
• Region of South Aegean, increase 83.5%.
• Region of Attiki, increase 14.7%.
The Regions that recorded decrease in turnover in May 2022 compared with May 2021 is:
• Region of Epirus, decrease 14.0%.
• Region of Northern Aegean, decrease 4.4%.
Latest News
Mitsotakis: ‘The outcome of the U.S. elections will not affect our relations’
Mitsotakis stated that "regardless of the outcome, Greek-American relations are strategic and their content will not be affected"
Foreign-Owned Businesses in Greece Thrive in Trade and Services
Despite government efforts to attract foreign investment, only 0.6% of all businesses across Greece are foreign-owned.
41st Athens Marathon- Traffic Regulations in Athens from Thursday to Sunday
Traffic regulations will be implemented gradually, starting from Thursday, as part of the 41st Athens Marathon.
Greek Households Most Pessimistic in Europe: IOBE Report
Over six in ten (65%) of households said that their financial situation worsened over the past year
JP Morgan Remains ‘Bullish’ on Greek Banks
JP Morgan reiterated its analysis of DTCs, prompted by Piraeus Bank’s plan to accelerate their amortization
Source of Wealth Declarations for Greek Public Officials Made Easier
Source of wealth declarations are designed to improve transparency and prevent corruption among Greece's public officials. Yet 98% of Greeks still believe corruption is widespread in the country, according to Eurobarometer.
Greece’s Labor Market Slack Among Highest in EU
Greece ranks 4th in EU for labor market slack, mostly due to high unemployment levels, and has widest gender gap in the EU.
Livestock Crisis Threatens Greek Feta
Feta in particular, is Greece’s primary dairy export, with 65% of production going abroad.
Moldova’s Sandu Wins Second Term amid Meddling Claims
According to the Central Election Commission, with 98% of votes counted, Maia Sandu led with 54.35% to Alexandr Stoianoglo’s 45.65%
Attica Wins ‘Best Greek Hospitality Region’ at 2024 Awards
The Greek Hospitality Awards, now in their tenth year, are one of the premier tourism industry events at the European level