Home Greece Bank of Greece: Tourists receipts down 1.8% in August

Bank of Greece: Tourists receipts down 1.8% in August

ATHENS –

Tourism receipts show signs of ‘fatigue’, according to the latest figures of the Bank of Greece (BoG) released on October 21.

More specifically, tourists receipts fell by 1.8% in August compared to the same month last year. In January-August, receipts rose by 3.2% compared to the previous year.

Non-residents’ arrivals increased by 9.9% year-on-year.

In January-August 2024, the current account deficit increased by 989.5 million euros year-on-year and stood at 7.3 billion euros, the Bank of Greece said.

The goods deficit grew, as imports increased while exports dropped. At current prices, goods exports fell by 2.4% (‑4.2% at constant prices) and goods imports grew by 1.9% (2.9% at constant prices). More specifically, non-oil goods exports at current prices declined by 1.9%, while the corresponding imports increased by 3.6% (‑4.7% and 3.8% at constant prices, respectively).

[ANA-MPA]