Poland: Retail sales growth rises in June
Retail sales grew 2.1% year on year in June (May: +1.8% yoy). Looking at the details of the release, June’s pickup was broad-based, with the motor vehicles, motorcycles and parts, textiles, clothing and footwear and furniture, radio, tv and household appliances sub-sectors all improving.
Meanwhile, annual average retail sales growth fell to 12.7% in June (May: +14.2%), signaling a worsening trend in the retail trade sector.