Retail sales in Poland increased 8.9 percent year-on-year in July of 2021, lower than a 13.0 percent advance in the previous month and below market expectations of 9.3 percent. Sales slowed for fuels (22.9 percent vs 29.8 percent in June); pharmaceuticals & cosmetics (8.4 percent vs 18.8 percent); clothing & footwear (15.3 percent 21.8 percent); furniture (1.1 percent vs 7.8 percent); and newspapers & books (5.4 percent vs 9.0 percent). Meantime, retail sales declined for motor vehicles (-1.5 percent vs 9.2 percent) while rose slightly for food, beverages & tobacco products (4.7 percent vs 3.8 percent). On a non-seasonally adjusted monthly basis, retail trade increased 2.5 percent, slowed from a 3.5 percent gain the prior month. source: Central Statistical Office of Poland (GUS)
Retail Sales YoY in Poland averaged 6.82 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 September of 2021.
Retail Sales YoY in Poland is expected to be 4.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. 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.