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Poland Retail July 2020

Poland: Retail sales rebound in July

Retail sales rose 2.7% compared to the same month a year earlier in July, which contrasted June’s 1.9% decrease. July’s print marked the strongest expansion since February.

July’s notable pick-up was partly driven by a rebound in motor vehicles, motorcycles and parts sales. In addition, textiles, clothing and footwear sales also rebounded.

Meanwhile, annual average retail sales growth fell to 0.7% in July (June: +1.1%), signaling a worsening trend in the retail trade sector.

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