Poland retail sales growth slows in April
Image by Pixabay
Poland's retail sales growth eased in April, figures from the Warsaw-based Central Statistical Office (GUS) showed on Monday.
At constant prices, retail sales climbed 19.0% year-on-year in April, after a 21.1% gain in the same month last year.
The overall annual growth in April was largely driven by a 121.4% jump in sales of textiles, clothing and footwear.
Newspapers, books, and other sales in specialized stores registered a significant growth of 38.2%.
Sales of furniture, radio, TV, and household appliances rose 27.9% and other retail sales alone advanced 21.2%.
At the same time, sales of motor vehicles, motorcycles, and parts fell 11.2%. On a monthly comparison basis, retail sales decreased 0.1% in April.
At current prices, retail sales surged 33.4% annually in April. Compared to the previous month, retail sales rose 2.1%.
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.