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Financial News: Poland Retail Sales Growth Eases More Than Forecast

Poland Retail Sales Growth Eases More Than Forecast

07/19/2019 - 06:37:00 (RTTNews)

(RTTNews) - Poland's retail sales grew at a slower-than-expected rate in June, figures from Statistics Poland showed on Friday.

Retail sales climbed 3.7 percent year-on-year in June, after an 8.2 percent rise in the same month last year. Economists had expected a 6.0 percent increase.

Sales of textiles, clothing and footwear grew by 12.9 percent annually in June and those of other retail in non-specialized stores rose by 9.3 percent.

Sales of furniture, radio, TV and household appliances, and pharmaceuticals, cosmetics and orthopedic equipment rose by 8.9 percent and 8.2 percent, respectively.

On a monthly basis, retail sales rose 1.6 percent in June.

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