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Retail sales up by 5.8% y-o-y in August


Retail sales at current prices grew by 5.8% y-o-y in August, a slight deceleration 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 six out of eight main branch specialisations. The highest increase was noted in sales of furniture, radio, TV and household appliances (up by 19.7% y-o-y), followed by other retail sale in non-specialised stores (up by 13.3% y-o-y). Double-digit growth, or close to it, was also recorded in sales of pharmaceuticals, cosmetics and orthopaedic equipment (up by 10% y-o-y) and fuels (up by 9.7% y-o-y). Sales of textiles, clothing and footwear went up by 6.3% y-o-y and food, beverages and tobacco products by 5% y-o-y. The two categories in which sales declined were motor vehicles, motorcycles and parts (down by 2% y-o-y) and newspapers, books and other sale in specialised stores (down by 13.9% y-o-y).

In January-August 2012 retail sales at current prices rose by 8.5% y-o-y.

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

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