Poland: Retail sales accelerate in August
September 25, 2017
Retail sales rose 7.6% from the same month a year earlier in August, accelerating from July’s 7.1% increase. August’s rise was primarily driven by higher food and fuel sales, while vehicle sales decelerated markedly in the month.
August’s acceleration contributed to an uptick in the annual trend, with average annual growth in retail sales increasing from 7.1% in July to 7.3% in August—marking the highest reading in nearly five years.
Author: Christopher Thomas, Economist