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Retail sales up by 3.3% y-o-y in October


Retail sales at current prices grew by 3.3% y-o-y in October, a slight acceleration compared with the previous month, according to data from the Central Statistical Office (GUS). The result is somewhat below market expectations, which averaged 3.8% y-o-y.

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 the category of other retail sale in non-specialised stores (up by 18.1% y-o-y), followed by sales of furniture, radio, TV and household appliances (up by 16% y-o-y). Sales of pharmaceuticals, cosmetics and orthopaedic equipment grew by 6.9% y-o-y, and fuels by 5.9% y-o-y. Sales of food, beverages and tobacco products rose 1.3% y-o-y while sales of motor vehicles, motorcycles and parts edged up by 0.5% y-o-y.

The two categories in which sales declined were textiles, clothing and footwear (down by 4.3% y-o-y) and newspapers, books and other sale in specialised stores (down by 15.3% y-o-y).

In January-October 2012 retail sales at current prices rose by 7% y-o-y.

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

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