Poland Retail July 2019


Poland: Retail sales bounce back solidly in July

August 22, 2019

Nominal retail sales rose 7.4% year-on-year in July, coming in above June’s 5.3% increase. July’s expansion was broad-based, with the fastest increases recorded for sales of furniture, radio, TV and household appliances; pharmaceuticals, cosmetics, and orthopaedic equipment; and other retail sales in non-specialized stores.

Despite the upturn, annual average growth in nominal retail sales inched down to 7.3% in July from 7.4% in June.

FocusEconomics Consensus Forecast panelists see private consumption growing 4.3% in 2019, which is up 0.1 percentage points from last month’s forecast. For 2020, the panel sees private consumption growing 3.9%.

Author:, Economist

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Poland Retail Chart

Poland Retail July 2019

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

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