Poland Retail June 2021

Poland

Poland: Retail sales growth moderates in June

July 21, 2021

Retail sales expanded 13.0% year-on-year in June (May: +19.1% yoy). The notable slowdown was largely due to softer expansions in motor vehicles, motorcycles and parts sales, and in textiles, clothing and footwear sales as the base effect started to wear off.

Meanwhile, the trend improved, with the annual average growth of retail sales coming in at an over one-year high of plus 5.3%, up from May's 4.1%.

FocusEconomics Consensus Forecast panelists see private consumption growing 5.2% in 2021, which is up 0.6 percentage points from last month’s forecast. For 2022, the panel sees private consumption expanding 5.4%.


Author:, Economist

Sample Report

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

Download

Poland Retail Chart


Poland Retail June 2021

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


Poland Economic News

More news

Search form