Retail Sales in Poland
Poland - Retail Sales
Retail sales growth ebbs in June
Retail sales grew 19.9% year on year in June (May: +23.6% yoy). Looking at the details of the release, textiles, clothing and footwear sales rose at a softer rate in June, while motor vehicles, motorcycles and parts sales fell at a more moderate rate.
Meanwhile, annual average retail sales growth rose to 18.2% in June (May: +17.6%), signaling an improving trend in the retail trade sector.
FocusEconomics Consensus Forecast panelists see private consumption growing 4.3% in 2022, which is from last month’s forecast. For 2023, the panel sees private consumption expanding 3.0%.
Poland - Retail Sales Data
| 2015 | 2016 | 2017 | 2018 | 2019 | |
|---|---|---|---|---|---|
| Retail Sales (annual variation in %) | 1.3 | 3.7 | 8.2 | 7.9 | 6.7 |
Poland Retail Sales Chart
Source: Central Statistics Office.
Poland Facts
| Value | Change | Date | |
|---|---|---|---|
| Bond Yield | 2.07 | -0.30 % | Dec 31 |
| Exchange Rate | 3.79 | -0.53 % | Jan 01 |
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Economic News
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Poland: Manufacturing PMI moves further into contractionary terrain in July
August 3, 2022
The S&P Global Manufacturing Purchasing Managers' Index (PMI) came in at 42.1 in July, down from 44.4 in June.
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Poland: Business sentiment falls in July
July 28, 2022
Business confidence fell to 15.6 in July from June's minus 13.0.
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Poland: Central Bank hikes rates by 50 basis points in July
July 27, 2022
At its meeting on 7 July, the National Bank of Poland (NBP) raised the key reference rate by 50 basis points from 6.00% to 6.50%.
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Poland: Industrial output records slowest expansion since October 2021 in June
July 25, 2022
Industrial production expanded 10.4% year on year in June (May: +14.9% yoy).
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Poland: Retail sales growth ebbs in June
July 25, 2022
Retail sales grew 19.9% year on year in June (May: +23.6% yoy).
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