Athens Chamber of Commerce demands targeted and proportional support for retail

The need for targeted and proportional support of retail points out Athens Chamber of Commerce. The association in collaboration with Greek statistical authority announced the indicators sales retail month Decemberbut the retail index refers to retail sales data, excluding the food, vehicle and fuel sectors.

It is pointed out in the announcement that the firm position of the association is to compare the data of 2021 with those of 2019, which was the last year of regularity, and not with those of 2020 when the market was underperforming.

“Today’s specialized data ELSTAT which do not include the sectors that with their fluctuations and their huge size unjustly affect the results positively or negatively, verify the positions of the association and accurately record the course of retail for December “as the association notes.

More specifically, as mentioned in the announcement, for December there is a deterioration of the negative trend in retail sales that had begun in November, recording an overall decline in the Retail Index of the Athens Chamber of Commerce by 2.2%, while the overall Retail Index which includes in the vehicle, food and fuel sectors, shows an increase of 5.11%.

Statement

“On the occasion of the publication of the data, the president of the Athens Chamber of Commerce Stavros Kafounis stated: I mentioned in all my previous statements. It is now documented and with official data, that while until November 2021 we had an upward trend compared to 2019, unfortunately from the moment the Omicron mutation appeared and additional restrictive measures were applied, the upward trend stopped and a new round of falling cycle began works. The negative impact on the market became apparent during Christmas and grew during the discount period.

In this difficult period for trade, the lack of liquidity, the rise in energy and transport costs combined with rising prices for basic necessities, are creating an explosive mix in the market. Having now proved that our interventions are based only on documented data, we emphasize once again the huge need for targeted and proportionate retail support, hoping that soon the climate will change and from the spring of ’22 we will finally enter steady growth trajectory “.

Retail trade, except of motor vehicles, foodstuffs and fuels

For all enterprises in the retail sector, with the exception of vehicles, food and fuel, as reported by ELSTAT, the annual turnover in 2021 amounted to 19.91 billion euros, an increase of 14.1% compared to in the year 2020, where it was set at 17.45 billion euros.

For all businesses in the retail sector, excluding vehicles, food and fuel, turnover in the fourth quarter of 2021 amounted to 5.88 billion euros, an increase of 29.3% compared to the fourth quarter of 2020 , where it was set at 4.55 billion euros and an increase of 6.7% compared to the third quarter of 2021, where it was set at 5.51 billion euros.

For retail companies, excluding vehicles, food and fuel, with the obligation to keep bibliographic books, for which data are available on a monthly basis, the turnover in December 2021 amounted to 1.06 billion euros, marking an increase of 66.3% compared to December 2020 which was set at 0.64 billion euros and an increase of 19.3% compared to November 2021 which was set at 0.89 billion euros “.

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