In a concerning sign for the Greek economy, retail sales experienced a sharp decline in September 2025, sinking by 1.7% compared to the same month last year. This significant drop comes after August's encouraging 3.8% year-over-year growth, as reported in the latest data release on November 28, 2025.
The reversal highlights mounting economic pressures that could signal potential challenges ahead for domestic consumption. The August figures had given a hopeful glimpse into a recovering retail environment, suggesting resurgent consumer confidence. However, the September decline has now cast shadows over these initial optimism.
The shift from positive growth in August to a negative trend in September raises questions about underlying economic factors affecting consumer behavior and retail performance in Greece. As analysts and policymakers examine the data, the focus will likely turn to understanding the forces at play and addressing the concerns to pave a stable path forward.
