Poland: Growth in retail sales dips in April
May 19, 2017
In April, retail sales rose 8.1% over the same month of 2016, which marked a slowdown in growth from March’s 9.7% expansion. Sales across almost all categories were robust, with the chief exception of the motor vehicles, motorcycles, parts category, in which sales contracted in April.
Conversely, April saw an improvement in the trend, as reflected by an increase in the average annual growth in retail sales from March’s 5.6% to 6.0%. This marked the highest reading in over four years.
Author: Nihad Ahmed, Economist