Greece Retail Sales YoY

Retail Sales in Greece decreased 1.90 percent in January of 2014 over the same month in the previous year. Retail Sales YoY in Greece is reported by the National Statistical Service of Greece. Retail Sales YoY in Greece averaged 1.85 Percent from 2001 until 2014, reaching an all time high of 17.80 Percent in December of 2006 and a record low of -18.10 Percent in October of 2012. In Greece, the year-over-year change in Retail sales compares the aggregated sales of retail goods and services during a certain month to the same month a year ago. This page provides - Greece Retail Sales YoY - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-25

Actual Previous Highest Lowest Forecast Dates Unit Frequency
-1.90 -6.10 17.80 -18.10 -4.40 | 2014/02 2001 - 2014 Percent Monthly

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Greece Retail Sales YoY
LIST BY COUNTRY


CALENDAR GMT Country Event Reference Actual Previous Consensus Forecast
2013-12-31 10:30 AM Greece
Retail Sales YoY
Oct 2013 -1.0% -5.2% (R) -5.93%
2014-01-31 10:00 AM Greece
Retail Sales YoY
Nov 2013 2.9% -1.1% (R) -2.37%
2014-02-28 10:00 AM Greece
Retail Sales YoY
Dec 2013 -6.10% 2.9% -3.31%
2014-04-04 10:00 AM Greece
Retail Sales YoY
Jan 2014 -1.9% -6.10% -3.96%
2014-04-30 10:00 AM Greece
Retail Sales YoY
Feb 2014 -1.9% -4.4%
2014-05-30 10:00 AM Greece
Retail Sales YoY
Mar 2014 -4.69%
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Consumer Last Previous Highest Lowest Forecast Unit
Retail Sales MoM -3.30 2013-12-31 1.70 10.20 -10.60 -0.74 2014-03-31 Percent [+]
Retail Sales YoY -1.90 2014-01-31 -6.10 17.80 -18.10 -4.40 2014-02-28 Percent [+]
Consumer Confidence -59.70 2014-03-15 -65.20 -3.20 -83.80 -60.35 2014-04-30 [+]
Consumer Spending 26383.50 2013-11-15 27940.50 38755.90 26383.50 26859.69 2014-03-31 EUR Million [+]
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Retail Sales YoY | Notes
The Retail Sales report is an aggregated measure of the sales of retail goods over a certain period. Usually, the Retail sales report is based on a data sampling that is extrapolated to model an entire country. Generally, the retail sales report not only captures store sales, catalogue sales and other out of store sales but also breaks down sales figures into groups like food and beverages, clothing, and autos. The Retail sales report is one of the timeliest economic reports, providing data that is only a few weeks old. The most popular measure of retail sales is month over month, where the volume of retail sales in certain month is compared to the previous month. However, some countries prefer the year over year measure where the certain month is compared to the same month a year ago thus accounting for seasonality and other oscillations in retail sales data.


RELATED NEWS

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In January of 2014, Greek seasonally adjusted jobless rate fell to 26.7 down from a revised 27.2 percent in the previous month, but up from 26.5 percent a year earlier. Revised figures showed the unemployment fell for the fourth straight month.
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Greek trade deficit increased for the second consecutive month to a preliminary estimate of € -1.98 billion, due to a 7 percent drop in exports. A year earlier, the trade deficit reached € 1.76 billion.
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Trade deficit in Greece narrowed to €1.62 billion in January of 2014 from €1.90 billion a year earlier, as imports shrank at a faster pace than exports. Compared with December of 2013, the trade deficit narrowed 16 percent, according to preliminary estimates.
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In December of 2013, Greek seasonally adjusted jobless rate decreased marginally to 27.5 percent, compared to a downwardly revised 27.6 percent in November. The figure is more than twice the Euro Area’s average of 12 percent.
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Preliminary estimates showed the Greek trade deficit decreased in the last month of 2013 to € 1.39 billion from € 1.5 billion in November and € 1.4 billion a year earlier.
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In October of 2013, Greece jobless rate slightly rose to a new record 27.8 percent, up from a revised 27.7 percent in September. A year ago, unemployment was recorded at 26.1 percent.
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The seasonally adjusted jobless rate in September of 2013 was 27.4 percent compared to 26.0 percent in September of 2012 and 27.3 percent in August.
Greek Trade Deficit Widens in October  
In October of 2013, Greece trade deficit increased to € 1.84 billion, from €1.54 billion in September, as exports fell while imports rose for the third consecutive month.
Greece Unemployment Rate Remained Unchanged in August  
In August, Greek jobless rate was 27.3 percent compared to 25.5 percent in August 2012 and 27.3 percent in July 2013. Youth unemployment grew to 60.6 percent.
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