{"id":296,"date":"2024-11-16T05:57:30","date_gmt":"2024-11-16T05:57:30","guid":{"rendered":"https:\/\/in-greece.com\/index.php\/2024\/11\/16\/modest-rise-in-retail-sales-in-q3\/"},"modified":"2024-11-16T05:57:30","modified_gmt":"2024-11-16T05:57:30","slug":"modest-rise-in-retail-sales-in-q3","status":"publish","type":"post","link":"https:\/\/in-greece.com\/index.php\/2024\/11\/16\/modest-rise-in-retail-sales-in-q3\/","title":{"rendered":"Modest rise in retail sales in Q3"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div id=\"post-1253725\">\n    <!-- .entry-header --><\/p>\n<div class=\"first-img article_thumbnail_wrapper\" itemscope=\"\" itemprop=\"associatedMedia\" itemtype=\"http:\/\/schema.org\/ImageObject\">\n                                                                    <picture><source media=\"(max-width: 767px)\" srcset=\"https:\/\/www.ekathimerini.com\/wp-content\/uploads\/2023\/05\/intime-shopping_ermou-320x200.jpg?v=1684700458\"><img loading=\"lazy\" decoding=\"async\" width=\"960\" height=\"600\" class=\"picture-main-block-image\" data-nxsrc=\"https:\/\/www.ekathimerini.com\/wp-content\/uploads\/2023\/05\/intime-shopping_ermou.jpg?v=1684700458\" alt=\"Modest rise in retail sales in Q3\" src=\"https:\/\/www.ekathimerini.com\/wp-content\/uploads\/2023\/05\/intime-shopping_ermou-960x600.jpg?v=1684700459\"\/><br \/>\n                        <\/source><\/picture>\n<p>Shoppers look at products on display in a shoe store on downtown Athens\u2019 Ermou Street, in a file photo. [InTime News]<\/p>\n<\/p><\/div>\n<div class=\"entry-content\" itemprop=\"articleBody\">\n<p>Sales rose 4.4% year-on-year in the third quarter of 2024, a number not satisfactory to retailers.<\/p>\n<p>According to the data published Friday by statistics agency ELSTAT, sales for all businesses were \u20ac128.24 billion in the third quarter, compared to \u20ac122.80 billion in the third quarter of 2023.<\/p>\n<p>A caveat to this is that a not insignificant part of sales never shows up in the books; in retail and services, customers are offered discounts for paying in cash, and not with a debit or credit card. These transactions never reach the tax authorities.<\/p>\n<p>The largest increase in sales (18.4%) was recorded by mining companies, while in wholesale and retail trade it rose just 1%. Given the inflation, it means trade sales volume was down.<\/p>\n<p>Accommodations and catering businesses saw sales rise 4.3% despite the boom in visitor arrivals and the fact that the third quarter was peak tourist season. Construction fared much better, with turnover up 15.2%.<\/p>\n<p>For the first nine months of the year, total turnover also rose about 4%, to \u20ac348.43 billion, from \u20ac334.97 billion during the same period in 2023.<\/p>\n<\/p><\/div>\n<p><!-- .entry-content --><\/p>\n<\/div>\n<p><script>\n        var NXFBPixelFunc = function () {\n            document.removeEventListener(\"scroll\", NXFBPixelFunc);\n            setTimeout(function () {\n                !function (f, b, e, v, n, t, s) {\n                    if (f.fbq) return;\n                    n = f.fbq = function () {\n                        n.callMethod ?\n                            n.callMethod.apply(n, arguments) : n.queue.push(arguments)\n                    };\n                    if (!f._fbq) f._fbq = n;\n                    n.push = n;\n                    n.loaded = !0;\n                    n.version = '2.0';\n                    n.queue = [];\n                    t = b.createElement(e);\n                    t.async = !0;\n                    t.src = v;\n                    s = b.getElementsByTagName(e)[0];\n                    s.parentNode.insertBefore(t, s)\n                }(window, document, 'script',\n                    'https:\/\/connect.facebook.net\/en_US\/fbevents.js');\n                fbq('init', '109138906120213');\n                fbq('track', 'PageView');\n            }, 0)\n        };\n        document.addEventListener(\"scroll\", NXFBPixelFunc);\n    <\/script><br \/>\n<br \/><br \/>\n<br \/><a href=\"https:\/\/www.ekathimerini.com\/economy\/1253725\/modest-rise-in-retail-sales-in-q3\/\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Shoppers look at products on display in a shoe store on downtown Athens\u2019 Ermou Street, in a file photo. [InTime News] Sales rose 4.4% year-on-year in the third quarter of 2024, a number not satisfactory to retailers. According to the data published Friday by statistics agency ELSTAT, sales for all businesses were \u20ac128.24 billion in &#8230; <\/p>\n<p class=\"read-more-container\"><a title=\"Modest rise in retail sales in Q3\" class=\"read-more button\" href=\"https:\/\/in-greece.com\/index.php\/2024\/11\/16\/modest-rise-in-retail-sales-in-q3\/#more-296\" aria-label=\"Read more about Modest rise in retail sales in Q3\">Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":297,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"fifu_image_url":"https:\/\/www.ekathimerini.com\/wp-content\/uploads\/2023\/05\/intime-shopping_ermou-960x600.jpg?v=1684700459","fifu_image_alt":"","footnotes":""},"categories":[2],"tags":[],"class_list":["post-296","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","no-featured-image-padding"],"_links":{"self":[{"href":"https:\/\/in-greece.com\/index.php\/wp-json\/wp\/v2\/posts\/296","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/in-greece.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/in-greece.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/in-greece.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/in-greece.com\/index.php\/wp-json\/wp\/v2\/comments?post=296"}],"version-history":[{"count":0,"href":"https:\/\/in-greece.com\/index.php\/wp-json\/wp\/v2\/posts\/296\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/in-greece.com\/index.php\/wp-json\/wp\/v2\/media\/297"}],"wp:attachment":[{"href":"https:\/\/in-greece.com\/index.php\/wp-json\/wp\/v2\/media?parent=296"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/in-greece.com\/index.php\/wp-json\/wp\/v2\/categories?post=296"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/in-greece.com\/index.php\/wp-json\/wp\/v2\/tags?post=296"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}