Retail Sales in Poland
Poland - Retail Sales
Retail sales jump in November
Retail sales rose 10.2% from the same month a year earlier in November, accelerating from October’s already strong 8.0% increase. October’s rise was primarily driven by higher sales of furniture, radio, TV and household appliances, pharmaceuticals, cosmetics, orthopedic equipment and textiles, clothing and footwear.
November’s strong result once again contributed to an uptick in the annual trend, with average annual growth in retail sales increasing from 7.9% in October to 8.2% in November—marking the highest reading in over five years.
FocusEconomics Consensus Forecast panelists see private consumption growing 3.8% in 2018, which is unchanged from last month’s forecast. For 2019, the panel sees private consumption expanding 3.5%.
Poland - Retail Sales Data
|Retail Sales (annual variation in %)||6.4||2.4||3.1||1.3||3.7|
5 years of economic forecasts for more than 30 economic indicators.
Poland Retail Sales Chart
Source: Central Statistics Office.
|Bond Yield||3.25||-0.30 %||Dec 06|
|Exchange Rate||3.57||-0.53 %||Dec 06|
|Stock Market||62,165||-1.13 %||Dec 06|
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January 10, 2018
The National Bank of Poland (NBP) kept the reference rate unchanged at a record-low 1.50% at its 9–10 January monetary policy meeting, in line with market expectations.
January 8, 2018
On 20 December, the European Commission invoked Article 7 of the EU Treaty against Poland over controversial changes to Poland’s judicial system.
January 8, 2018
According to a flash estimate released by the Central Statistical Office on 3 January, consumer prices increased 0.2% in December, down from November’s 0.5%, which had marked the fastest increase in 11 months.
January 2, 2018
The manufacturing Purchasing Managers’ Index (PMI), released by IHS Markit on 2 January, rose to a 34-month high of 55.0 in December, up from 54.2 in the prior month.
December 22, 2017
Retail sales rose 10.2% from the same month a year earlier in November, accelerating from October’s already strong 8.0% increase.