Retail Sales in Poland
Poland - Retail Sales
Growth in retail sales picks up in July
Retail sales in July rose 7.1% over the same month in 2016, gaining momentum from June’s 6.1% rise. The acceleration was mainly driven by higher sales of fuel and furniture, radio, TVs and household appliances.
July’s boost in retail sales contributed to the upward annual trend, as the average annual growth in retail sales grew from 6.7% in June to 7.1% in July. This marked the highest reading in over four and a half years.
FocusEconomics Consensus Forecast panelists see private consumption growing 4.1% in 2017, which is unchanged from last month’s forecast. For 2018, the panel sees private consumption expanding 3.5%.
Poland - Retail Sales Data
| 2012 | 2013 | 2014 | 2015 | 2016 | |
|---|---|---|---|---|---|
| Retail Sales (annual variation in %) | 6.4 | 2.4 | 3.1 | 1.3 | 3.7 |
Poland Retail Sales Chart
Source: Central Statistics Office.
Poland Facts
| Value | Change | Date | |
|---|---|---|---|
| Bond Yield | 3.37 | 1.72 % | Sep 21 |
| Exchange Rate | 3.58 | -0.45 % | Sep 21 |
| Stock Market | 64,209 | -0.83 % | Sep 21 |
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Economic News
Poland: Manufacturing PMI edges up in August
September 1, 2017
The Manufacturing Purchasing Managers’ Index (PMI) inched up from 52.3 in July to 52.5 in August, according to IHS Markit.
Poland: Growth moderates slightly in Q2
August 31, 2017
Poland’s economy slowed down slightly in Q2, according to a second estimate released by the Statistical Institute on 31 August.
Poland: Growth in retail sales picks up in July
August 24, 2017
Retail sales in July rose 7.1% over the same month in 2016, gaining momentum from June’s 6.1% rise.
Poland: Business confidence is steady in August
August 24, 2017
In August, the manufacturing sector business climate index was flat at 7.4 points, according to the Business Tendency Survey released by the Central Statistical Office (GUS-BTS).
Poland: Industrial output growth speeds up in July
August 18, 2017
Industrial production grew 6.2% in July from the same month last year, which was a solid acceleration from June’s 4.5% growth.
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