Building activity down, cultural sector up

Whilst the volume of private building activity fell by 25% according to the Hellenic Statistical Authority the tourism sector continues to experience growth with the statistical agency reporting significant growth.

In its report, the Hellenic Statistical Authority noted an increase of 19.5% and 13.6% in the number of visitors and revenues in Greek museums respectively in November 2016 compared to the same month in 2015.

The number of free admission visitors in November increased by 19.8%, whilst visitors to archaeological sites posted a 19.7% rise and revenues increased by 37.1% in November compared to the same month in 2015.

In the period January-November 2016 visitors to Greek museums rose by 0.3%, revenues increased by 8% and free admission tickets increased by 35.4%.

In the same period the number of visitors to archaeological sites fell by 8 percent however revenues posted a 67.1% increase. Free admission tickets increased by 22.3%.

Free admission tickets posted a 3.9% increase.