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Financial News: Poland Retail Sales Rise Less Than Forecast

Poland Retail Sales Rise Less Than Forecast

08/22/2018 - 05:21:00 (RTTNews)

(RTTNews) - Poland's retail sales grew less than expected in July, figures from Statistics Poland revealed Wednesday.

Retail sales climbed 7.1 percent year-on-year in July, compared to a 6.8 percent rise in July 2017. Sales were forecast to advance 7.4 percent.

Sales of motor vehicles and cycles showed the biggest growth of 16.7 percent, followed by a 16.3 percent rise in clothing and footwear sales.

Month-on-month, retail sales advanced 0.2 percent in July.

During January to July, retail sales advanced 6.9 percent from the same period of last year.

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