Retail Sales in Poland
Poland - Retail Sales
Retail sales growth inches up in October
Nominal retail sales increased 5.4% year-on-year in October, slightly above September’s 5.3% rise. October’s expansion was broad-based, with the fastest increases recorded for furniture, radio, TV and household appliances; other retail sale in non-specialized stores; pharmaceuticals, cosmetics, and orthopedic equipment; newspapers, books, other sale in specialized stores.
Meanwhile, annual average growth in nominal retail sales held dropped from 7.0% in September to 6.6% in October, marking the weakest reading since May 2017.
FocusEconomics Consensus Forecast panelists see private consumption growing 3.9% in 2020, which is unchanged from last month’s forecast. For 2021, the panel sees private consumption growing 3.5%.
Poland - Retail Sales Data
| 2013 | 2014 | 2015 | 2016 | 2017 | |
|---|---|---|---|---|---|
| Retail Sales (annual variation in %) | 2.4 | 3.1 | 1.3 | 3.7 | 8.2 |
Poland Retail Sales Chart
Source: Central Statistics Office.
Poland Facts
| Value | Change | Date | |
|---|---|---|---|
| Bond Yield | 2.08 | -0.30 % | Nov 21 |
| Exchange Rate | 3.89 | -0.53 % | Nov 21 |
| Stock Market | 57,619 | -1.13 % | Nov 21 |
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Economic News
Poland: Manufacturing sector remains mired in contraction in November
December 2, 2019
The manufacturing Purchasing Managers’ Index (PMI), released by IHS Markit, rose to 46.7 in November from October’s 45.6, which had marked the worst reading since June 2009.
Poland: Inflation ticks up in November
November 29, 2019
Consumer prices inched up 0.1% over the previous month in November, following October’s 0.2% uptick, according to provisional data released by the Poland’s Statistical Institute (GUS).
Poland: Growth eases to near three-year low in Q3 but remains upbeat nonetheless
November 29, 2019
The economy grew 3.9% year-on-year in unadjusted terms in the third quarter of this year, according to a second estimate released by Poland’s Statistical Institute (GUS) on 29 November.
Poland: Retail sales growth inches up in October
November 27, 2019
Nominal retail sales increased 5.4% year-on-year in October, slightly above September’s 5.3% rise.
Poland: Business sentiment drops further into pessimistic terrain in November
November 26, 2019
Manufacturing-sector business confidence fell again in November, according to the business tendency indicator released by the Central Statistical Office (GUS).
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