Poland Retail Sales Growth Accelerates in August

Retail

Image by Pixabay

Poland's retail sales growth improved for the first time in four months in August, figures from the Warsaw-based Central Statistical Office (GUS) showed on Wednesday.

At constant prices, retail sales climbed 4.2% year-on-year in August, after a 2% rise in July, which was the weakest in the current sequence of sales growth since March last year.

Sales of pharmaceuticals, cosmetics, and orthopedic equipment grew the most, by 13.7%, and those of others gained 10.9%.

Sales of textiles, clothing, and footwear increased 8.4% compared to last year. On a monthly basis, retail sales gained 1.0% in August, following a 1.2% rise in July.

At current prices, retail sales surged 21.5% annually in August and moved up 1.7% from a month ago. 

ADVERTISEMENT

Czech Republic Manufacturing PMI Lowest Since May 2020 Analysis

Czech Republic Manufacturing PMI Lowest Since May 2020

Gov't Mulls Bailout for Dunaferr Government

Gov't Mulls Bailout for Dunaferr

Blue Chip Art and Passion Assets - Claudia Worthington Hess ... Podcasts

Blue Chip Art and Passion Assets - Claudia Worthington Hess ...

Magyar Posta to Close 35 Post Offices in Capital City

Magyar Posta to Close 35 Post Offices in Capital

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.