Retail Sales in Poland

Poland Retail Sales | Economic News & Forecasts

Poland - Retail Sales

Retail sales contract at sharpest pace on record in April

Retail sales nosedived 22.6% year-on-year in April amid lockdown (March: -7.0% yoy), marking the steepest fall on record.

Looking at the details of the release, the plunge came on the back of freefalling sales of motor vehicles, motorcycles and parts; textiles, clothing and footwear; and of solid, liquid and gaseous fuel.

On average, retail sales grew 3.0% in April, which was notably below March’s 6.0% expansion. The reading marked the worst result since August 2016.

FocusEconomics Consensus Forecast panelists see private consumption decreasing 3.8% in 2020, which is down 1.9 percentage points from last month’s forecast. For 2021, the panel sees private consumption expanding 4.8%.

Poland - Retail Sales Data

2014   2015   2016   2017   2018  
Retail Sales (annual variation in %)3.1  1.3  3.7  8.2  7.9  

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Poland Retail Sales Chart

Poland Retail
Note: Annual variation of retail sales in %.
Source: Central Statistics Office.

Poland Facts

Value Change Date
Bond Yield2.07-0.30 %Dec 31
Exchange Rate3.79-0.53 %Jan 01

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