Poland: Retail sales slow in August
September 21, 2020
Retail sales expanded 0.4% compared to the same month a year earlier in August, which was notably below July’s 2.7% rise.
August’s softer expansion largely came on the back of easing textiles, clothing and footwear sales. In addition, furniture, radio, tv and household appliances sales also lost steam.
Meanwhile, the trend pointed down, with the annual average growth of retail sales coming in at 0.2% in August, down from July's 0.7%.
Author: Hanna Andersson, Economist