Poland retail sales fall in February

Retail

Image by LaMography

Poland's sales fell 3.1% year-on-year in February, after a 7.3% growth in the same month last year, data from the Warsaw-based Central Statistical Office (GUS) showed on Friday.

Economists had expected a 2.5% decline. Sales of pharmaceuticals, cosmetics, orthopedic equipment decreased 13.5% yearly in February and those of solid, liquid and gaseous fuels declined 14.8%.

Sales of food, beverages and tobacco products, and others decreased 5.2% and 16.6%, respectively. On a monthly basis, retail trades grew 3.5%.

At current prices, retail sales declined 2.7% annually in February and rose 4% monthly. 

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