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Athens News Agency: News in English, 10-06-30

Athens News Agency: News in English Directory - Previous Article - Next Article

From: The Athens News Agency at <http://www.ana.gr/>

CONTENTS

  • [01] Plunge in car registrations
  • [02] Retail sales turnover down

  • [01] Plunge in car registrations

    ANA-MPA/New car registrations plunged 54.1 pct in May, compared with the same month last year, with the car market suffering more than any other commercial sector of the Greek economy, the Association of Car Importers and Dealers said on Wednesday.

    The association said that a "free fall" in the car market this year would resuld to lower tax revenues for the state and urged the government to cooperate with the car sector which covers around 5.0 pct of regular budget revenues or even 10 pct if fuel tax was included.

    [02] Retail sales turnover down

    Ana-MPa/The turnover index in the retail sector fell 0.4 pct in April compared with the same month last year, after a decline of 14.2 pct recorded in April 2009, the Hellenic Statistical Authority said on Wednesday.

    Th statistics service also announced that the volume index in the retail sector dropped 5.8 pct in April, compared with the same month last year, after a decline of 15 pct recorded in April 2009. The statistics service attributed this decline to a 14.3 pct rise in pharmaceutical-cosmetics shops, a 4.3 pct decline in supermarkets, a 20.2 pct fall in department stores, a 20.9 pct drop in clothing-footwear and a 7.9 pct decline in furniture-electrical appliances.


    Athens News Agency: News in English Directory - Previous Article - Next Article
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