Poland Retail Sales Falls in April

Retail

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Poland's retail sales decreased for the third straight month in April, though at a slightly slower-than-expected rate, figures from the Warsaw-based Central Statistical Office (GUS) showed on Tuesday.

At constant prices, retail sales contracted 7.3% year-on-year in April, the same pace of decline as in March.

In April, sales of solid, liquid, and gaseous fuels dropped 14.2% annually, and those of furniture, radio, television, and household appliances decreased 14.7%.

Other retail sales contracted sharply by 17.3%. The only division that showed an increase was textiles, clothing, and footwear sales, which rose slightly by 0.6%.

On a monthly basis, retail sales edged up 0.1% in April after rebounding sharply by 14% in the prior month.

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