Poland Retail Sales Fall in January
Image by LaMography
Poland's retail sales, at constant prices, dropped 0.3% year-on-year in January, reversing a 0.2% slight rise in December, figures from the Warsaw-based Central Statistical Office (GUS) showed on Tuesday.
Sales of solid, liquid and gaseous fuels fell the most, by 12.3%, while those of motor vehicles, motorcycles, and parts slid by 1.7%.
Similarly, food, beverage, and tobacco sales also showed a negative growth of 1.7%.
On the other hand, sales of textiles, clothing, and footwear grew sharply by 15.7%.
On a monthly comparison basis, retail sales plunged 23.1% from December, when they rebounded by 13.1%.
SUPPORT THE BUDAPEST BUSINESS JOURNAL
Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.