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Retail sales up by 5.5% y-o-y in April


Retail sales at current prices grew by 5.5% y-o-y in April, a deceleration compared with the previous month, according to data from the Central Statistical Office (GUS). The figure is significantly below market expectations, which averaged 9.3% y-o-y.

In comparison with the corresponding period of 2011, sales were up in all of the main branch specialisations except newspapers, books and other sale in specialised stores, which declined by 8.2% y-o-y. The highest increase was noted in sales of furniture, radio, TV and household appliances (up by 17.1% y-o-y), followed by fuels (up by 11.3% y-o-y), and motor vehicles, motorcycles and parts (up by 10.6% y-o-y). Close to double-digit growth was also recorded in sales of pharmaceuticals, cosmetics and orthopaedic equipment (up by 9.6% y-o-y) and in other retail sale in non-specialised stores (up by 8.5% y-o-y). By contrast, sales of textiles, clothing & footwear went up by only 1.6% y-o-y and food, beverages and tobacco products by 1% y-o-y.

In January-April 2012 retail sales at current prices rose by 10.4% y-o-y.

Retail sales in Poland (%, y-o-y), April 2011-April 2012

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