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Poland Retail Sales Fall in January

Retail

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%.

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