Retail Sales in Poland
Poland - Retail Sales
Growth in retail sales eases in December
In December, retail sales in Poland rose 6.4% over the same month of 2015, which was slightly below November’s 6.6% increase. The reading overshot the 6.1% rise that markets analysts had expected. The result was partly driven by slower growth in sales of furniture, radio, television and household appliances as well as a decrease in sales at non-specialized stores.
The trend improved in December; annual average growth in retail sales rose from November’s 3.6% to 3.7%, the highest reading since October 2014.
FocusEconomics Consensus Forecast panelists see private consumption growing 3.4% in 2017, which is up 0.1 percentage points from last month’s forecast. For 2018, the panel sees private consumption expanding 3.0%.
Poland - Retail Sales Data
|Retail Sales (annual variation in %)||11.2||6.4||2.4||3.1||1.3|
5 years of economic forecasts for more than 30 economic indicators.
Poland Retail Sales Chart
Source: Central Statistics Office.
|Bond Yield||3.90||1.04 %||Feb 22|
|Exchange Rate||4.07||-0.14 %||Feb 22|
|Stock Market||59,451||0.20 %||Feb 22|
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February 17, 2017
In January, industrial production expanded 9.0% over the same month of 2016, which was well above the 2.3% increase recorded in December and was the highest reading since February 2011.
February 14, 2017
Poland’s economy picked-up pace in the final quarter of 2016, according to a preliminary flash estimate released by the Central Statistical Office of Poland.
February 13, 2017
Consumer prices rose 0.4% over the previous month in January, which came in lower than the revised 0.7% increase in December (previously reported: +0.5% year-on-year).
February 8, 2017
As anticipated by market analysts, the National Bank of Poland (NBP) decided to keep the reference rate at the record low of 1.50% at its 7–8 February monetary policy meeting.
February 1, 2017
The Manufacturing Purchasing Managers’ Index (PMI) for Poland rose from December’s 54.3 to 54.8 in January, according to IHS Markit.