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ESEE predicts major decline in retail market turnover

Δημοσίευση 14 Δεκεμβρίου 2010, 10:57 / Ανανεώθηκε 27 Ιουνίου 2013, 14:55
ESEE predicts major decline  in retail market turnover
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This year’s retail market turnover will be down 3 billion euros as a result of consumers’ income reduction, the large numbers of jobless and the increases in indirect and special taxes in the fourth quarter of 2010, the National Confederation of Hellenic Commerce (ESEE) announced on Monday.

This year’s retail market turnover will be down 3 billion euros as a result of consumers’ income reduction, the large numbers of jobless and the increases in indirect and special taxes in the fourth quarter of 2010, the National Confederation of Hellenic Commerce (ESEE) announced on Monday.

The consumers are called to support the Greek market in the Christmas holiday season as forecasts for the domestic market are ominous foreseeing a plummeting turnover, ESEE underlined.

Business turnover in the Christmas holiday season corresponds to 20-25 pct of the annual turnover.