Poland: Retail sales record anemic growth in September
October 19, 2015
In September, retail sales rose 0.1% over the same month last year, which contrasted August’s 0.3% decrease. However, it undershot the 1.4% rise that markets had expected. The rebound came on the back of better performances in four out of the nine categories that comprise the index compared to last month, with clothing and footwear recording the most significant improvement.
Despite the slight improvement, annual average growth in retail sales inched down from August’s 1.0% rise to a 0.9% increase in September, which marked a multi-year low.
Author: Eric Denis , Economist