Poland retail sales growth slows in April

Retail

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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%. 

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