Poland Retail May 2018

Poland

Poland: Nominal retail sales accelerate in May

June 26, 2018

Nominal retail sales rose 7.6% from the same month a year earlier in May, accelerating from April’s 4.6% year-on-year expansion. May’s reading was bolstered by faster fuel sales. Meanwhile, food sales also accelerated in the month.

Meanwhile, annual average growth in nominal retail sales dipped to 7.6% in May, down from 7.7% a month earlier.

FocusEconomics Consensus Forecast panelists see private consumption growing 3.8% in 2018, which is unchanged from last month’s forecast. For 2019, the panel sees private consumption expanding 3.5%.


Author:, Economist

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Poland Retail Chart


Poland Retail May 2018

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


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