Greek supermarkets expect higher sales in H1

Greek supermarkets expect an increase in sales in the January-June 2020 period, compared with the corresponding period last year, the Research Institute of Retail Consumer Goods (IELKA) said in a survey released on Monday.

The survey was conducted in the period January 13-21, 2020 on a sample of 162 top executives in the retail commerce-supermarkets and fast-moving consumer goods FMCG sector. Sixty-eight pct of executives said they expected sales to grow in the first half of the year, with sales growth projected at 1.95 pct compared with the same period in 2019.

The survey noted, however, that sales in the sector were directly related with consumer sentiment and the wider economic and social situation. Seventy-four pct of respondents said the economic situation improved, 1.0 pct said the situation worsened and 26 pct said it remained unchanged. The rate of optimism was up compared with the surveys conducted in 2017 and 2018.


One Reply to “Greek supermarkets expect higher sales in H1”

  1. They should with the prices they are charging and the jobs they have eliminate , when I can purchase a product in the US for less like eggs. milk cheese “basic food items”which is so over-priced it sickens me (honey-off the wall overpriced based on basic salaries ) and the price of fish astronomical , why ? Pork is about the only stable product and that price has even been lowered. Where are the prudent price controls , ? These prices are all tourism driven , the money being sunk into the retail outlet over/hauls are a waste of money and unwarranted . The added value debacle more fuel for the run-away corrupt tourism based economy. Take a look at some of the E/U base development on the south side of your island the land sell off and expansion of your tourism base debacle . Take your country back / stop entertaining the beast with your Cretan nights exploitation for a Tourist that condemns your Cretan food and wine’s as primitive . (do away with the all inclusive hotel stays)….The whole-sale rip off of your country without re- investing into your infrastructure (waste management/garbage dumps and recycle facilities sewage treatment plants ) healthcare need and police and fire protection and above all your education system.

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