Retail Sales in Poland
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 |
Poland Retail Sales Chart
Source: Central Statistics Office.
Poland Facts
| Value | Change | Date | |
|---|---|---|---|
| Bond Yield | 3.34 | 0.45 % | Jul 26 |
| Exchange Rate | 3.62 | -1.06 % | Jul 26 |
| Stock Market | 62,362 | 0.63 % | Jul 26 |
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Economic News
Poland: Business confidence declines in July
July 25, 2017
In July, the manufacturing sector business climate index ticked down to 7.4 points from 7.5 points in June, according to the Business Tendency Survey released by the Central Statistical Office (GUS-BTS).
Poland: Growth in retail sales slows in June
July 25, 2017
In June, retail sales rose 6.1% over the same month of 2016, losing steam from May’s 8.4% growth.
Poland: Business confidence moderates in June
June 26, 2017
In June, the manufacturing sector business climate index decreased to 7.5 points from 8.1 points in May, according to the Business Tendency Survey released by the Central Statistical Office (GUS-BTS).
Poland: Growth in retail sales ticks up in May
June 26, 2017
In May, retail sales rose 8.4% over the same month of 2016, picking up from April’s 8.1% growth.
Poland: Industrial output jumps in May
June 20, 2017
In May, industrial production in Poland rebounded and grew 9.1% from the same month last year, which marked a substantial improvement on April’s 0.6% slip.
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