Retail sales in Poland dropped 2.1 percent year-on-year in October 2020, down from a 2.7 percent rise in the previous month and compared to market expectations of a 0.3 percent decrease. Sales fell for motor vehicles, motorcycles, parts (-8 percent); solid, liquid and gaseous fuels (-18.7 percent); textiles, clothing, footwear (-11.7 percent) and newspapers, books, other sale in specialized stores (-2.4 percent). On the other hand, sales advanced for food, beverages and tobacco products (0.9 percent); pharmaceuticals, cosmetics, orthopaedic equipment (3.4 percent) and furniture, radio, TV and household appliances (13 percent). Considering the first ten months of the year, retail sales declined 2.5 percent. source: Central Statistical Office of Poland (GUS)
Retail Sales YoY in Poland averaged 6.79 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 November of 2020.
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.