Greek supermarket executives expect an increase in sales in the second half of 2019 and an improvement of the economic climate in the country, a survey by the Research Institute of Retail Consumer Goods (IELKA) said on Monday.
Fifty-eight pct of executives said they expected sales to rise in the second half of the year, their highest percentage in the last four years, with only 8.0 pct expecting a decline. The executives expect sales to grow by an average 1.5 pct in the July-December 2019 period compared with the same period last year. Fifty-seven pct of executives in the survey said economic conditions remained unchanged, 15 pct see a worsening and 29 pct an improvement. All three readings were up compared with 2017 and 2018.