Poland: Growth in retail sales hits over two-year high in August
September 20, 2016
In August, retail sales rose 5.6% over the same month last year, which was above July’s 2.0% increase and marked the largest expansion since April 2014. The reading overshot the 4.6% rise that markets analysts had expected. The acceleration came on the back of broad-based gains, with sales of motor vehicles, motorcycles and parts recording a profound expansion.
Meanwhile, annual average growth in retail sales rose from July’s 2.2% to 2.7% in August, the highest reading since January 2015.