Poland: Retail sales growth moderates in December
Retail sales expanded 16.9% compared to the same month a year earlier in December, which followed November’s 21.2% increase. December’s lower result came on the back of decelerating textiles, clothing and footwear and furniture, radio, tv and household appliances sales.
Meanwhile, annual average retail sales growth for 2021 as a whole came in at 12.4%, sharply contrasting 2020’s fall of 2.3% and marking the highest average annual reading since 2008.