Retail Sales in Poland

Poland Retail Sales | Economic News & Forecasts

Poland - Retail Sales

Growth in retail sales slows in June

In June, retail sales rose 6.1% over the same month of 2016, losing steam from May’s 8.4% growth. The deceleration was partly driven by lower sales of motor vehicles, motorcycles and parts, fuels, TVs, furniture and household appliances.

On the other hand, the average annual growth in retail sales grew from 6.6% in May to 6.7% in June. This marked the highest reading in over four and a half years. The Central Statistical Office of Poland noted that entrepreneurs’ sentiments in regard to retail are still positive and forecasts for demand of goods are still favorable.

FocusEconomics Consensus Forecast panelists see private consumption growing 4.1% in 2017, which is unchanged from last month’s forecast. For 2018, the panel sees private consumption expanding 3.4%.

Poland - Retail Sales Data

2011  2012  2013  2014  2015  
Retail Sales (annual variation in %)11.2  6.4  2.4  3.1  1.3  

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Poland Retail Sales Chart

Poland Retail
Note: Annual variation of retail sales in %.
Source: Central Statistics Office.

Poland Facts

Bond Yield3.340.45 %Jul 26
Exchange Rate3.62-1.06 %Jul 26
Stock Market62,3620.63 %Jul 26

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