Poland Retail June 2020

Poland

Poland: Retail sales fall at softer pace in June

July 22, 2020

Retail sales fell 1.9% year-on-year in June (May: -8.6% yoy). The upturn was primarily due to an improvement in motor vehicles, motorcycles and parts and textiles, clothing and footwear sales.

Annual average retail sales increased 1.1% in June, which was below May’s 1.7% expansion and marked the worst result since October 2015.

FocusEconomics Consensus Forecast panelists see private consumption decreasing 3.8% in 2020, which is down 1.9 percentage points from last month’s forecast. For 2021, the panel sees private consumption expanding 4.8%.


Author: Massimo Bassetti, Senior Economist

Sample Report

Looking for forecasts related to Retail in Poland? Download a sample report now.

Download

Poland Retail Chart


Poland Retail June 20 20

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


Poland Economic News

More news

Search form