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Retail sales up by 6.9% y-o-y in July


Retail sales at current prices grew by 6.9% y-o-y in July, an acceleration compared with the previous month, according to data from the Central Statistical Office (GUS). The result is broadly in line with market expectations.

In comparison with the corresponding period of 2011, sales were up in all of the main branch specialisations with the single exception of newspapers, books and other sale in specialised stores, which declined by 9.3% y-o-y. The highest increase was noted in sales of furniture, radio, TV and household appliances (up by 18% y-o-y), followed by fuels (up by 12.7% y-o-y) and pharmaceuticals, cosmetics and orthopaedic equipment (up by 11.8% y-o-y). Above-average growth was also recorded in other retail sale in non-specialised stores (up by 8.6% y-o-y). Sales of motor vehicles, motorcycles and parts climbed by 4.4% y-o-y and food, beverages and tobacco products by 4.1% y-o-y. Sales of textiles, clothing and footwear were up by 1.7% y-o-y.

In January-July 2012 retail sales at current prices rose by 9.2% y-o-y.

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

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