In a startling shift, Greece's retail sales experienced a significant slowdown in March 2025, climbing by only 0.3% compared to the same month the previous year. This marks a considerable decline from the more robust growth of 5.6% registered in February. The latest figures were updated on May 30, 2025, highlighting a marked deceleration in consumer spending within the Greek economy.
The data reflects a year-over-year comparison, showing how the pace of retail sales has sharply decreased, suggesting potential underlying economic challenges. The substantial drop from the 5.6% growth seen in February might indicate waning consumer confidence or other macroeconomic factors affecting the Greek market.
As the nation navigates these economic shifts, stakeholders are keenly observing whether this trend will persist or if measures will be put in place to reinvigorate the retail sector and restore consumer spending. The coming months will be critical in determining the trajectory of Greece's retail landscape.