Retail Sales in Greece Up 0.8% in Q4 2024: ELSTAT
Retail businesses in the food and fuel sectors posted a turnover of €6.82 billion in Q3 2024, a 1.2% increase compared to €6.73 billion in Q3 2023
Retail businesses in the food and fuel sectors posted a turnover of €6.82 billion in Q3 2024, a 1.2% increase compared to €6.73 billion in Q3 2023
On a year-to-year basis, the average inflation in Greece from November 2023 to October 2024 increased by 2.9%, compared to a 4.2% rise during the same period the previous year
According to recent data from the Hellenic Statistical Authority (ELSTAT), the General Index of Construction Material Prices for New Residential Buildings rose by 5.5%
GDP at constant prices reached €196.984 billion in 2023, up from €192.495 billion in 2022, ELSTAT said
These trends are largely attributed to a significant drop in energy prices, despite some fluctuations, along with a softening in food prices.
The total number of individuals without work in the country amounted to 444,402, marking a decrease of 90,496 persons in comparison with August 2023.
Total births in 2023 amounted to 71,455, a 6.1% drop compared to 2022, when there were 76,095 births
The concerning figures come in spite of the summer sales by retailers, as consumers are trying to make ends meet due to the rising cost of living
The highest average annual expenditure was recorded in the Attica region, amounting to 23,325.96 euros, while the lowest was in Central Greece, at 14,052.24 euros.
Both the islands of Mykonos and Santorini saw decreases in their accommodation and food service revenues.
Based on the available seasonally adjusted data, the Gross Domestic Product in terms of volume increased by 1.1% in Q2 2024, compared to Q1 2024
The number of employed persons amounted to 4,229,548, up by 26,303 compared with July 2023 (0.6%) and down by 46,286 persons compared with June 2024 (-1.1%)
The Total Building Activity (private and public) in Greece, in May 2024, based on the issued building permits, amounted to 2,065
This is an increase of 4.3% compared with the second quarter of 2023 when the respective turnover was 17.37 billion euros
Focusing on Private Construction Activity during this period, there was a 41.8% increase in building permits nationwide, a 40.2% rise in the area, and a 26.8% expansion in volume
This contrasts with a 12.5% decrease observed in May 2023 compared to May 2022.
The most significant increase in turnover in May 2024 compared with May 2023 was recorded from the enterprises of the Accommodation and Food Service Activities, sector which grew by 14.8%.
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.
The same price index had decreased 20.8% from May 2022 to May 2023
The drop in gross tonnage is for vessels 100 GRT and over, and is a continuation of the overall downward trend since January 2022
The average overall Industrial Production Index for the period from January to May 2024 recorded an increase of 5.8% compared with the average IPI of the period from January to May 2023
Meanwhile, the Production Index in Construction (IPC) in the 1st quarter of 2024 recorded an increase of 5.0%
The 15.7% surge in April 2024's output price index is primarily attributed to a substantial 23.7% hike in the crop output group, driven mainly by the price increases in olive oil and fruits.
Looking at the broader picture, the average index for the period from January to April 2024 showed a solid 5.3% rise compared to the same period in 2023.
Export values reached 4.467 billion euros, up from 4.019 billion euros in April 2023, marking an 11.1% rise.
Unemployment rates are highest among women, young people up to 24 years old, residents of the Ionian Islands, and those with only a few years of primary education
Διαχειριστής - Διευθυντής: Λευτέρης Θ. Χαραλαμπόπουλος
Διευθύντρια Σύνταξης: Αργυρώ Τσατσούλη
Ιδιοκτησία - Δικαιούχος domain name: ΟΝΕ DIGITAL SERVICES MONOΠΡΟΣΩΠΗ ΑΕ
Νόμιμος Εκπρόσωπος: Ιωάννης Βρέντζος
Έδρα - Γραφεία: Λεωφόρος Συγγρού αρ 340, Καλλιθέα, ΤΚ 17673
ΑΦΜ: 801010853, ΔΟΥ: ΦΑΕ ΠΕΙΡΑΙΑ
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