Greece’s retail sector turnover recorded a 2.4% increase in 2024, reaching 71.57 billion euros compared to 69.89 billion euros in 2023, according to data released by the country’s Statistical Authority (ELSTAT). Excluding the sectors of vehicles, food, and fuel, retail trade turnover in 2024 stood at 25.97 billion euros, reflecting a 1.8% rise from 25.5 billion euros in 2023.
The sectors with the largest contribution to the annual turnover in 2024 included retail trade in non-specialized stores selling mainly food, beverages, or tobacco, which accounted for 27% of the total.
Car and light motor vehicle sales followed with 11.7%, while retail trade in motor fuel at specialized stores contributed 11.1%. Pharmaceutical products in specialized stores represented 6.6%, and clothing retail in specialized stores stood at 5.1%.
In absolute figures, the sectors that recorded the highest increase in turnover in 2024 compared to the previous year were non-specialized stores selling mainly food, beverages, or tobacco, with a rise of 0.60 billion euros, followed by car and light motor vehicle sales, which increased by 0.26 billion euros.
On the other hand, the largest declines were observed in the retail trade of motor fuels, which dropped by 0.22 billion euros, and in the sale of household electrical appliances in specialized stores, which fell by 0.11 billion euros.
Among the regions, the North Aegean recorded the highest turnover growth in 2024, with a 3.8% increase, followed by Attica with 3%. In contrast, turnover declined in Eastern Macedonia and Thrace by 1.2% and in Epirus by 0.5%.
For the total retail sector, turnover in the fourth quarter of 2024 reached 18.93 billion euros, marking a 1.4% increase from the 18.67 billion euros recorded in the fourth quarter of 2023. Compared to the third quarter of 2024, when it stood at 18.84 billion euros, the increase was 0.5%.
Source: tovima.com
στο Google News και μάθετε πρώτοι όλες τις ειδήσειςLatest News
Travel Revenues up 5.4% in Dec. 2024: Bank of Greece
Visitors from Germany, Italy and the U.S. made up the bulk of visitors to Greece, while tourists from the EU27 members accounted for 54.6% of the aggregate receipts in December 2024.
Greece Reallocates Emissions Funds, Prioritizing Industry Over Consumers and Green Transition
Greece shifts €152 million in emissions funds to aid energy-intensive sectors like aluminum and steel at the expense of support for consumers, renewable energy and the green transition.
Santorini Tourism Union Demands Emergency Support Amid Cyclades Seismic Crisis
The Greek government is reportedly considering a mini support package for Santorini, to be activated if the island's seismic activity persists for an extended period.
Societe Generale Says Greek Stock Market Appealing
The French multinational bank and financial services company firm highlights notable differences in equity risk premiums between Eurozone core and peripheral countries
Greece a Safe Destination, Says Tourism Minister Kefalogianni
The Minister noted that Santorini was geologically unique, reassuring everyone that the Tourism Ministry was in close cooperation with experts to monitor the situation and take appropriate measures
Life Expectancy Rise in Europe Slows Down – Greece, UK Record Highest Declines: Lancet Medical Journal
Poor diet and lack of physical activity are seen as key factors contributing to the negative trend.
Capital Ship Management and Lloyd’s Register Complete the World’s First Tanker On-shore Power Supply Compatibility Assessment
This innovative project marks a significant step forward in the transition towards sustainable port operations
Greek Airports See 12.6% Surge in Passenger Traffic in January 2025
The steady extension of the tourist season is fueling optimism, highlighting Greece’s strong position as a top global destination
Greek Foreign Minister Gerapetritis to Meet U.S. Counterpart Rubio in the U.S.
Greek FM Gerapetritis will be in the U.S. to speak before the United Nations Security Council in New York on Monday and Tuesday, focusing on the war in Ukraine and developments in Syria.
National Bank of Greece (NBG) Stocks Remain Attractive: UBS
In this context, UBS maintains its “buy” recommendation with a price target of €11.20.
![ΑΠΕ: Ρεκόρ παραγωγής ενέργειας από ΑΠΕ στην ΕΕ το 2023 – Η θέση της Ελλάδας [γραφήματα]](https://www.ot.gr/wp-content/uploads/2025/02/ot_ape_ola-1024x600-1-90x90.png)
![Τουρισμός: Τα απανωτά ρεκόρ και ο αστερίσκος της Σαντορίνης – Το στοίχημα της σεζόν [πίνακες]](https://www.ot.gr/wp-content/uploads/2025/01/tourismos-90x90.jpg)
