European Economic News

Greece Retail Sales Rise For Second Month

Greece's retail sales increased for the second straight month in May, preliminary figures from the Hellenic Statistical Authority showed Monday.

The volume of retail sales rose 0.3 percent year-over-year in May, slower than the 2.1 percent rebound in April.

Excluding automotive fuel, retail sales climbed 1.2 percent and sales of food products went up by 0.4 percent.

On a monthly basis, retail sales declined a seasonally adjusted 1.8 percent in May.

Retail trade turnover grew at a weaker pace of 0.4 percent annually in May, following a 3.8 percent rise in the prior month.

by RTTNews Staff Writer

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