consumption

Greeks drastically cut down on alcohol consumption during the 2010 to 2019 decade, the Organization for Economic Co-operation and Development (OECD) said in a report released on Monday. Greece ranks in the penultimate position of the European list, exhibiting the...

  According to data released by Eurostat for the year 2017, seventeen percent of total expenses for Greek households went to pay for food and non-alcoholic beverages last year. The average percentage for all the nations of the entire European...

Consumer spending in Greece has declined by 36 billion euros in seven years, with  the annual nominal consumer spending per capita in Greece being 12,940 euros, compared to the 21,413 euros of the euro zone average, according to Eurostat. Private...

Greek household spending has further shrunk 2.5 percent annually, according to figures released by the Hellenic Statistical Authority (ELSTAT), on Wednesday. Total monthly spending of households in 2016 amounted to 5.7 billion euros, down 2.5 percent, or 147.2 million euros,...

Greek households continue to cut down on basic goods such as food, electronics and car fuel in order to meet their tax obligations to the State. According to data released by the Ministry of Energy and the Environment, in the...

Greece is at 77 percent of the average European Union Actual Individual Consumption per capita index for 2016, Eurostat announced on Tuesday. The index measures the actual economic level of the living standards of European households. It is the most...

Food sales in Greece have dropped by 18 percent since 2009 as Greeks have cut down on groceries due to the economic crisis, according to a Nielsen survey. The figures show that Greek citizens have reduced consumption of many food...

One in three families in Greece has at least one unemployed member, while the middle class is dwindling, a new survey on behalf of the Hellenic Confederation of Professionals, Craftsmen & Merchants (GSEVEE) says. The research was conducted by MARC...

December retail sales in Greece were once again disappointing, after retailers were expecting the busiest month of the year to curb the downward spiral of sales, a study shows. The market turnover in the last month of the year, which...

The Greek economy is in ongoing recession with forecasts looking ominous for the sustainability of businesses, consumption and unemployment, a report says. According to a study by the Institute of Small Business of the Hellenic Confederation of Professionals, Craftsmen and...