Santorini outshined other Cycladic islands by generating €376 million in accommodation and catering revenue during Q3, despite a 9% decline from the previous year. Mykonos followed closely with over €309 million, while Milos and Paros reported notable increases. Nationally, the accommodation sector saw a 6.9% growth
Tag: economic report
Greece's inflation rose to 3% in August, up from 2.7% in July, driven by sharp increases in energy and food prices, according to ELSTAT. Key contributors included a 28% spike in natural gas prices and a 49.1% surge in olive oil costs, alongside rising housing and healthcare expenses.