Greece and Portugal retail sales reports show divergent July-August trends

  • Greece retail sales rose 5.2% year-on-year in July 2026, while Portugal sales increased 2.4% in August 2026.
  • Greece’s food and non-food sales excluding automotive fuel both grew 5.6%; Portugal’s household-goods sales led non-food growth at 10.1%.
  • Greece’s monthly retail activity rebounded 1.4%, while Portugal’s sales fell 0.7% month-on-month; the records concern separate reports.

The records cover separate national retail-sales reports rather than the same underlying event. Greece’s retail sales rose 5.2% year-on-year in July 2026, accelerating from a revised 1.8% increase in June, while seasonally adjusted monthly activity rebounded 1.4%. Portugal’s retail sales increased 2.4% year-on-year in August 2026, easing from a downwardly revised 2.6% gain in July, and fell 0.7% month-on-month. In Greece, food and non-food sales excluding automotive fuel both grew 5.6%; in Portugal, food, drinks and tobacco sales declined 0.3%, while non-food sales rose 4.2%, led by household goods.

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