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Poland Retail Sales Growth Improves in May

Retail

Image by Pixabay

Poland's retail sales grew by 5% year-on-year in May, up from a 4.1% rise in the previous month, figures from the Warsaw-based Central Statistical Office (GUS) showed on Monday.

Sales of motor vehicles, motorcycles, and parts grew the most by 23.5%, and those of solid, liquid, and gaseous fuels by 11.5%.

On the other hand, sales of textiles, clothing, and footwear showed a sharp fall of 17.2%. Sales also decreased for furniture, radio, TV & household appliances by 8.4%.

On a monthly comparison basis, retail sales fell 0.1% in May, easing from a 1.8% drop in the prior period. 

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