ECONOMY

Greek retail sales rise 3 percent in April led by books, stationary

Greek retail sales rise 3 percent in April led by books, stationary

Greek retail sales by volume rose 3 percent in April compared to the same month a year ago, after an upwardly revised 1.2 percent decline in March, statistics service ELSTAT said on Friday.

Retail sales were led higher by books and stationary, pharmaceuticals, supermarkets, foods and fuels, the data showed.

Data on gross domestic product showed Greece's economy expanded in the first three months of the year.

Economic output grew 0.4 percent compared to the final quarter of 2016, when it contracted 1.1 peercent.

[Reuters]

Economy
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