“The forecast for the turnover of the retail trade in December this year, that it will exceed last year’s 3.83 billion and move above 4 billion euros, it seems that it will finally come truewhile consumer preferences for gifts remained the samewith clothing and footwear at the top, gifts, toys and cosmetics following.”

This is what he says in his statement on APE – BEE The president of the Chamber of Commerce and Industry of Piraeus Vassilis Korkidis.

The president specifically states the following:“Holiday shopping may have peaked before Christmas, but it was not completed, since the New Year’s holiday follows with just as many family and social obligations for gift shopping. The buying movement is expected to continue in the last five working days before the end of the year, with stores open on Sunday, December 31, New Year’s Eve. Retailers expect that the shopping activity, which was recorded during the week of Christmas, will continue in the last week of the year, albeit with less intensity and small changes in consumer preferences, in order to satisfactorily close their fund for 2023. The forecast for the turnover of the retail trade in December this year, that it will exceed last year’s 3.83 billion and move above 4 billion euros, seems that it will finally come true, while consumer preferences for gifts remained the same, with clothing and footwear at the top, followed by gifts, toys and cosmetics. In 2023, it is estimated that the Greek retail trade will end with a single-digit increase, which to a large extent is inflationary and does not imply a corresponding increase in real consumption. ELSTAT’s figures show that the biggest companies in the sector are winning over the smaller ones, with the inflationary crisis actually causing a widening of the gap between them, given that the “big ones” can exercise a more extensive bidding policy. Specifically, the turnover of very small commercial enterprises per quarter increases to the levels of 2%, while that of medium ones over 4%. Nevertheless, the New Year’s sales, on the one hand, complete the purchasing movement of the festive market, and on the other hand, the annual turnover, which according to the official figures closes comparatively and overall with a positive sign for the retail trade.