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ELSTAT: 22.1% increase in turnover for retail companies in November

The Hellenic Statistical Authority presents in detail the evolution of sales / turnover of all classes of activity in the retail trade sector.

In particular, for companies in the retail sector with the obligation to keep bibliographic books, for which data are available on a monthly basis, the turnover in November 2021 amounted to 2.86 billion euros, an increase of 22.1% compared to November 2020 which was set at 2.35 billion euros and an increase of 1.9% compared to October 2021 which was set at 2.81 billion euros.

The activities that showed the largest increase in turnover in November 2021 compared to November 2020 are:

• Retail sale of music and video recordings in specialized stores, increase of 660.0%.

• Retail sale of second-hand items in stores, an increase of 232.1%.

The activities that showed the largest decrease in turnover in November 2021 compared to November 2020 are:

• Retail trade of fish, crustaceans and molluscs in specialized stores, reduction of 12.5%.

• Retail sale in non-specialized stores that sell mainly food, beverages or tobacco, a decrease of 0.6%.

Retail trade is the basic business model of the modern consumer supply chain, through the resale of material goods or services and the promotion of profit-seeking products.

In this way, retail trade has always been an important productive tertiary sector of the Greek economy with a significant contribution to the Gross Domestic Product.

At the same time, in the recent context, monitoring the evolution of the size of the retail trade activity classes is important, given the effects, direct and indirect, that exist due to the pandemic of the coronavirus disease 2019 (COVID-19).

In addition, through the monitoring of the size of retail trade, conclusions are drawn about the evolution of consumption (in size, characteristics, preferences and substitution of products) of Greek society, citizens and businesses of the country.

This publication is part of the series of Press Releases published by ELSTAT (link DT) from April 2020, with the inclusion of the latest data on turnover from Administrative Sources, November 2021.

In particular, ELSTAT announces data on a monthly basis for the turnover of companies with the obligation to keep bibliographic books classified in the activity classes of the retail trade sectors (branches 45 and 47 of the NACE Rev.2 classification).

In addition, this publication presents data (a) on a quarterly basis for the turnover of all companies classified in the retail classes (Sections 45 and 47 of the NACE Rev.2 classification) with the exception of the vehicle, and (b) data on a monthly basis on the turnover of companies with the obligation to keep bibliographic books classified in the activity classes of the retail trade sectors (categories 45 and 47 of the NACE Rev.2 classification) excluding the vehicle sectors , food and fuel.

Source From: Capital

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