Poland Retail March 2019


Poland: Retail sales growth more than halves in March

April 23, 2019

Nominal retail sales rose 3.1% year-on-year in March, decelerating considerably from February’s 6.5% rise. March’s expansion was driven largely by robust sales of furniture, radio, TV and household appliances, as well as of motor vehicles. On the other hand, sales of food, beverages and tobacco products shrank notably.

Consequently, annual average growth in nominal retail sales slowed from 7.6% in February to 7.1%, the softest reading in 20 months.

FocusEconomics Consensus Forecast panelists see private consumption growing 4.1% in 2019, which is unchanged from last month’s forecast. For 2020, the panel sees private consumption growing 3.4%.

Author: Massimo Bassetti, Economist

Sample Report

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


Poland Retail Chart

Poland Retail March 2019

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

Poland Economic News

More news

Search form