January was strong for both accommodation and food service businesses, which is reflected in Hellenic Statistical Authority-ELSTAT’s data.
For the enterprises in Accommodation Activities (division 55 of NACE Rev.2 classification), obliged to double-entry bookkeeping, for which data are available on a monthly basis, the turnover in January 2023 amounted to 82,881,115 euro, recording an increase of 18.0% in comparison with January 2022, when the respective turnover was 70,236,576 euro.
For the enterprises in Food and Beverage Service Activities (division 56 of NACE Rev.2 classification), obliged to double-entry bookkeeping, for which data are available on a monthly basis, the turnover in January 2023 amounted to 150,035,185 euro, recording an increase of 35.7% in comparison with January 2022, when the respective turnover was 110,589,611 euro.
In total, for the enterprises in Accommodation and Food and Beverage Service Activities (divisions 55 and 56 of NACE Rev. 2 classification), obliged to double-entry bookkeeping, for which data are available on a monthly basis, the turnover in January 2023 amounted to 232,916,299 euro, recording an increase of 28.8% in comparison with January 2022, when the respective turnover was 180,826,187 euro.
For the Regional Units with a contribution to the total turnover of the year 2022 greater than 1.0% (Table 1), the biggest increase in the turnover of January 2023 compared with January 2022 was recorded in the Region Attiki (45.5%) and the smallest increase (5.8%) was recorded in the Regional Unit Lassithi, while a decrease (23.8%) was recorded in the Regional Unit Mykonos
Latest News
Gov’t Eyes Return of Power Subsidies Amid Spike in Rates
According to reports, the government will resume an electricity subsidization program, given that forecasts cite disruptions – i.e. higher rates
ELSTAT: 6.3% Increase in Output Price Index for Agriculture and Livestock
The 6.3% rise in May 2024 is largely driven by an 8.8% increase in the crop output group, particularly due to changes in olive oil prices, and a 0.5% increase in the animal output group.
Balkans Blackout Highlights Climate Threats to Power Grids
The surge in electricity demand during the heat wave and the power deficit in Balkan markets have driven up prices in the Greek wholesale electricity market.
Greece in Top 4 Destinations Favored by European Tourists
Greece was selected by 5.9% of respondents who were asked where they would vacation this year, up from 5.4% in the same survey last year
Scope Affirms Greece’s BBB- Ratings; Revises Outlook to Positive
The international ratings firm raised Greece to investment grade in early August 2023
First Seaplane Test Flights to Skopelos, Alonissos, Skyros
After decades of on-again, off-again efforts to schedule regular seaplane routes to Greece's numerous island and coastal destinations the prospect now appears within sight
ELSTAT- Overall Import Price Index for May 2024 up 2.8% y-o-y
The same price index had decreased 20.8% from May 2022 to May 2023
Over 7 in 10 Employees Feel Their Contributions Are Not Appreciated
Specifically, the option "Subjective opinions are prioritized over objective data" ranked highest in importance for young employees, with a score of 3.89 out of 4
OECD: Job Vacancies on the Rise in Greece
By the fourth quarter of 2023, job vacancies per unemployed person had risen by more than 4, with the index reaching 446 units compared to 100 units in late 2019
OTE Group: FTTH Program Advancing in Semi-Urban and Rural Areas of Greece
This initiative will provide ultra-fast internet speeds of up to 1Gbps to over 350,000 households and businesses in semi-urban and rural areas across the country