Poland retail sales decline in January

Retail

Poland's retail sales fell 6% year-on-year in January, after a 3.5% growth in the same month last year, data from the Warsaw-based Central Statistical Office (GUS) showed on Friday.

Sales of textiles, clothing, footwear decreased 40.8% yearly in January. Sales of solid, liquid and gaseous fuels, and others declined 16.4% and 15.3%, respectively.

Sales of newspapers, books, other sale in specialized stores fell 11.9% and those of pharmaceuticals, cosmetics, orthopedic equipment fell by 9.2%.

On a monthly basis, retail sales contracted 24.9% in January. At current prices, retail sales declined 6.0% annually in January and fell 24.6% monthly.

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