Retail sales in Poland advanced 10.7 percent year-on-year in August of 2021, following a 8.9 percent rise in previous month and slightly more than market expectations of 10 percent. Sales rebounded for motor vehicles (7.7 percent vs -1.5 percent in July); and quickened for pharmaceuticals & cosmetics (9.2 percent vs 8.4 percent); clothing & footwear (28.9 percent vs 15.3 percent); furniture (3.2 percent 1.1 percent); newspapers & books (10.8 percent vs 5.4 percent). Meanwhile, retail sales slowed for fuels (19.1 percent vs 22.9 percent); and food, beverages & tobacco products (2.2 percent vs 4.7 percent). On a non-seasonally adjusted monthly basis, retail trade edged down 0.9 percent, compared to a 2.5 percent gain in the prior month. source: Central Statistical Office of Poland (GUS)
Retail Sales YoY in Poland averaged 6.84 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.