Poland: Retail sales record slowest growth since February in October
November 24, 2022
Retail sales grew 18.3% in year-on-year terms in October, which followed September's 21.9% increase. The result marked the worst reading since February. The result came on the back of a sharpdrop in motor vehicles, motorcycles and parts sales. In addition, furniture, radio, tv and household appliances sales contracted markedly.
Meanwhile, annual average retail sales growth rose to 21.1% in October (September: +20.8%). This signals an improving trend in the retail trade sector.