Retail sales in Poland jumped by 23.6 percent year-on-year in May of 2022, easing from a 33.4 percent surge in the previous month and slightly above market expectations of a 23.3 percent increase. Retail activity was driven by sales of solid, liquid, and gaseous fuels (53 percent) amid surging prices since the start of the war in Ukraine; food, beverages, and tobacco products (23.9 percent), textiles, clothing, and footwear (23.2 percent), and pharmaceutical, cosmetic, and orthopedic equipment. On the other hand, declines were recorded for motor vehicles, motorcycles, and parts (-3.1 percent). On a monthly basis, retail sales were 0.4 percent higher. source: Central Statistical Office of Poland (GUS)
Retail Sales YoY in Poland averaged 7.32 percent from 2001 until 2022, reaching an all time high of 33.40 percent in April of 2022 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 July of 2022.
Retail Sales YoY in Poland is expected to be 4.10 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 2023 and 2.80 percent in 2024, according to our econometric models.