Poland Retail April 2017

Poland

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.

FocusEconomics Consensus Forecast panelists see private consumption growing 3.7% in 2017, which is up 0.1 percentage points from last month’s forecast. For 2018, the panel sees private consumption expanding 3.2%.


Author:, Economist

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Poland Retail Chart


Poland Retail April 2017

Note: Year-on-year and annual average variation in %.
Source: Central Statistical Office (GUS) and FocusEconomics calculations.


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