Retail sales in Poland rose 2.7 percent year-on-year in September 2020, following a 0.4 percent gain in the previous month and beating market expectations of a 2.2 percent increase. Sales of food, beverages and tobacco (4.8 percent vs -0.1 percent in August) and motor vehicles and parts (4.2 percent vs -5.2 percent) rebounded. Additionally, sales of pharmaceuticals and cosmetics advanced further (4.1 percent vs 4 percent). On the other hand, sales of newspapers, books dropped (-1.1 percent vs 3.4 percent) and those of fuels (-10.6 percent, the same as in August) and clothing and footwear (-3.5 percent vs -0.5 percent) continued to fall. Also, sales of furniture, appliances, electronics increased at a softer pace (9.7 percent vs 10.9 percent).
Retail Sales YoY in Poland averaged 6.83 percent from 2001 until 2020, 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 October of 2020. source: Central Statistical Office of Poland (GUS)
Retail Sales YoY in Poland is expected to be -2.60 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 2.30 in 12 months time. In the long-term, the Poland Retail Sales YoY is projected to trend around 4.20 percent in 2021 and 2.80 percent in 2022, according to our econometric models.