Retail Sales in Poland
Poland - Retail Sales
Growth in retail sales gains speed at the beginning of 2018
Retail sales rose 8.2% from the same month a year earlier in January, accelerating from December’s 6.0% year-on-year increase. January’s acceleration was primarily driven by stronger growth in sales of motor vehicles; pharmaceuticals; and furniture, radio, TV and household appliances. On the other hand, growth in fuel sales was weaker than in the previous month.
Meanwhile, average annual growth in retail sales in January came in at 7.9%, down from December’s five-year high of 8.2%.
Poland Private Consumption Forecast
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||3.24||-0.30 %||Mar 22|
|Exchange Rate||3.43||-0.53 %||Mar 22|
|Stock Market||59,863||-1.13 %||Mar 22|
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March 19, 2018
According to the Central Statistical Office (GUS), industrial production increased 7.4% in February from the same month last year, losing some steam from January’s remarkable 8.6% expansion.
March 15, 2018
Consumer prices dropped 0.2% in February, contrasting January’s 0.3% rise.
March 7, 2018
The National Bank of Poland (NBP) kept the reference rate unchanged at a record-low 1.50% at its 6–7 March monetary policy meeting, in line with market expectations.
March 5, 2018
Consumer prices increased 0.3% in January, slightly above December’s 0.2% rise.
March 1, 2018
The manufacturing Purchasing Managers’ Index (PMI), released by IHS Markit, dipped to 53.7 in January, down from January’s 54.6.