Poland Retail May 2016


Poland: Growth in retail sales slows slightly in May

June 17, 2016

In May, retail sales rose 2.2% over the same month last year, which was below April’s 3.2% increase. The reading undershot the 3.0% rise that markets analysts had expected. The deceleration was partly driven by lower sales of motor vehicles, motorcycles and parts as well as of textiles, clothing and footwear.

Annual average growth in retail sales rose from 2.0% in April to 2.1% in May, the highest reading since January 2015.

FocusEconomics Consensus Forecast panelists see private consumption growing 3.7% in 2016, which is unchanged from last month’s forecast. For 2017, the panel sees private consumption expanding 3.6%.

Author:, Economist

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Poland Retail Chart

Poland Retail May 2016 1

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

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