March 30, 2018 / 9:31 AM / a month ago

Greek retail sales rise in January, led by furniture, apparel

    ATHENS, March 30 (Reuters) - Greek retail sales by volume
rose 1.5 percent in January compared to the same month a year
ago after a downwardly revised 1.7 percent increase in December,
statistics service ELSTAT said on Friday.
    Retail sales were led higher by furniture, appliances,
books, apparel and footwear, the data showed.
    Greece's economy grew for a fourth straight quarter in
October-December, driven by stronger investment spending, but
the pace was slower than in the previous quarter.
    Gross domestic product rose 0.1 percent in the fourth
quarter of 2017, the expansion decelerating from an upwardly
revised 0.4 percent in July-September.               
    The government expects the economy to grow by 2.5 percent
this year.
    
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KEY FIGURES        JAN   DEC   NOV   OCT   SEPT  AUG  JULY
Retail Sales by    1.5   1.7* -2.6  -1.0  -0.8   0.8  2.5
volume y/y
Retail Sales by   -0.4   1.4* -0.7*  0.3* -0.1* -2.4* 1.7*
revenue y/y
-----------------------------------------------------------
* revised
source: ELSTAT        

 (Reporting by George Georgiopoulos)
  
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