Turnover shrinks 1.5% in January 2024

Starting from the current announcement, an updated framework for the determination of the total of enterprises in the Greek Economy is used, which occurs from the linking at micro-data level of administrative transactions files, of the reference years 2019 to 2024, administrative registers of enterprises, of the reference years 2022 and 2023, and of the final Statistical Business Register, of the reference year 2021, that provides a standardized set of data, harmonized with European classifications. More specifically, The sections of economic activity with the biggest share in the total turnover of the year 2023, based on the updated determination framework are the followingm

• Wholesale and Retail Trade; Repair of Motor Vehicles and Motorcycles (37.8%)
• Manufacturing (20.5%) 
• Electricity, Gas, Steam and Air Conditioning Supply (6.9%)
• Transportation and Storage (5.4%) 
• Accommodation and Food Service Activities (4.4%) 

For the enterprises of the economy as a whole, obliged to double-entry accounting bookkeeping, for which data are available on a monthly basis, the turnover in January 2024 amounted to 25,922,777 thousand euro, recording a decrease of 1.5% in comparison with January 2023, when the respective turnover was 26,326,808 thousand euro. 

The biggest decrease in turnover in January 2024 compared with January 2023 was recorded from the enterprises of the section Electricity, Gas, Steam and Air Conditioning Supply, per 47.0%, while the biggest increase was recorded from the enterprises of the section Financial and Insurance Activities, per 33.5%.