Latest reading: Retail sales increased 0.2% month on month in seasonally adjusted terms in May after stagnating in April, though...
Retail Sales in Poland
The Polish economy recorded an average growth rate of 3.1% in retail sales over the decade to 2024, same level as Central & Eastern Europe's average of 3.1%. In 2024, Poland's retail sales growth was 3.1%.
Poland Retail Chart
Note: This chart displays Retail Sales (ann. var. %) for Poland from 2014 to 2024.
Source: Macrobond.
Poland Retail Data
| 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Retail Sales (ann. var. %) | -2.9 | 8.0 | 5.7 | -3.2 | 3.1 |
Retail sales growth deteriorates in May
Latest reading: Retail sales increased 4.4% year on year in May (April: +7.6% yoy). Looking at the details of the release, food, beverages and tobacco sales decelerated. Moreover, clothing and footwear sales grew at a weaker rate. On a more positive note, motor vehicles, motorcycles and parts sales gained traction in May. On a monthly basis, retail sales fell 2.0% in seasonally adjusted terms in May, contrasting April’s 3.5% expansion. Meanwhile, the trend pointed down, with the annual average growth of retail sales coming in at 3.2% in May, down from April's 3.3%.
Consensus Forecasts and Projections for the next ten years
How should you choose a forecaster if some are too optimistic while others are too pessimistic? FocusEconomics collects Polish retail projections for the next ten years from a panel of 4 analysts at the leading national, regional and global forecast institutions. These projections are then validated by our in-house team of economists and data analysts and averaged to provide one Consensus Forecast you can rely on for each indicator. By averaging all forecasts, upside and downside forecasting errors tend to cancel each other out, leading to the most reliable retail forecast available for Polish retail.
Download one of our sample reports to visualize what a Consensus Forecast is and see our Polish retail projections.
Want to get access to the full dataset of Polish retail forecasts? Send an email to info@focus-economics.com.
Latest Global Retail News
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Australia: Retail sales return to growth in May -
Spain: Retail sales growth ebbs in May Latest reading: Retail sales increased 0.2% in month-on-month seasonally adjusted terms in May, which was a deterioration from April’s 0.8%... -
Luxembourg: Retail sales deteriorates in May Latest reading: Retail sales dropped 0.1% month-on-month in seasonally adjusted terms in May (April: +0.9% mom s.a.). On an annual... -
Poland: Retail sales growth deteriorates in May Latest reading: Retail sales increased 4.4% year on year in May (April: +7.6% yoy). Looking at the details of the... -
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