Poland: Nominal retail sales moderate in August
September 25, 2018
Nominal retail sales rose 9.0% from the same month a year earlier in August, down slightly from July’s 9.3% year-on-year expansion. August’s moderation was partly the result of weaker automobile sales, as well as slower fuel sales. More broadly, however, stronger sales were recorded across the food, pharmaceutical and clothing categories.
Meanwhile, annual average growth in nominal retail sales ticked up to 8.2% from 8.1% a month earlier.
Author: Christopher Thomas, Economist