The volume of turnover in retail trade (excluding trade in motor vehicles and motorcycles), gross series, increased by 7.1pct in the first nine months of this year, compared to the same period in 2018, due to the advance of sales of non-food products (+8.8pct), retail trade of motor vehicle fuels in specialized stores (+7.3pct) and sales of food, beverages and tobacco (+5.1pct).
The fall sales started on Friday across Greece and are scheduled to run through November 15.
This could be the last autumn store discount period following complaints by retailers who argue that the spring and fall sales add next to nothing to their annual turnover. In response, the government is considering liberalizing sales and offers regulations.
Greek retail sales by volume rose 2.3 percent in June compared to the same month last year after an upwardly revised 2.2 percent fall in May, statistics service ELSTAT said on Friday.
Retail sales were led higher by home appliances and furniture, apparel, footwear, fuels and lubricants, the data showed.
The Commission for Protection of Competition (CPC) gave permission to Ozone Enterprises Ltd. to acquire the Pulsar electronics retail chain. Following the analysis, the Commission does not identify any breach of the law and does not see any future barriers to competition in the market as a result of the transaction.
Greek retail sales by volume declined 2.4 percent in May compared to the same month last year after a downwardly revised 2.6 percent fall in April, statistics service ELSTAT said on Wednesday.
Retail sales were led lower by department stores, food and beverages, pharmaceuticals and cosmetics, the data showed.