Retail sales in Poland surged 17.1 percent year-on-year in March of 2021, the highest reading since April 2011, following a 2.7 percent drop in the prior month. A low base effect due to lockdown restrictions and falling demand last year pushed sales up for clothing & footwear (90.7 percent), motor vehicles & parts (51.7 percent) and furniture, appliances & electronics (41.3 percent). Sales of food, beverages & tobacco also increased (3.7 percent) while pharmaceuticals & cosmetics declined slightly (-0.9 percent). On a non-seasonally adjusted monthly basis, retail trade jumped 16.5 percent, after rebounding by 4 percent in the previous month. source: Central Statistical Office of Poland (GUS)
Retail Sales YoY in Poland averaged 6.66 percent from 2001 until 2021, reaching an all time high of 30.60 percent in April of 2004 and a record low of -22.60 percent in April of 2020. This page provides the latest reported value for - Poland Retail Sales YoY - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Poland Retail Sales YoY - data, historical chart, forecasts and calendar of releases - was last updated on May of 2021.
Retail Sales YoY in Poland is expected to be 7.80 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Retail Sales YoY in Poland to stand at 3.60 in 12 months time. In the long-term, the Poland Retail Sales YoY is projected to trend around 3.00 percent in 2022 and 2.80 percent in 2023, according to our econometric models.