Poland: Retail sales fall in August
September 17, 2015
In August, retail sales fell 0.3% over the same month last year, which contrasted July’s 1.2% increase and undershot the 1.3% rise that markets had expected. The reading was the lowest in four months. The deceleration came on the back of poorer performances in all categories compared to last month, with household appliances recording the sharpest decline.
As a consequence, annual average growth in retail sales inched down from July’s 1.2% rise to a 1.0% increase in August.
Author: Eric Denis , Economist