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Retail sales up by 2.4% y-o-y in November


Retail sales at current prices grew by 2.4% y-o-y in November, a deceleration compared with the previous month, according to data from the Central Statistical Office (GUS). The result is somewhat below market expectations, which averaged 2.7% y-o-y.

In comparison with the corresponding period of 2011, sales were up in five out of eight main branch specialisations. The highest increase was noted in sales of furniture, radio, TV and household appliances (up by 15.7% y-o-y), followed by the category of other retail sale in non-specialised stores (up by 14.4% y-o-y). Sales of pharmaceuticals, cosmetics and orthopaedic equipment went up by 8.2% y-o-y. Sales of fuels rose by 2.6% y-o-y and sales of food, beverages and tobacco products by 2.4% y-o-y.

On the other hand, sales in the category of newspapers, books and other sale in specialised stores slumped by 20.9% y-o-y, sales of motor vehicles, motorcycles and parts declined by 4.8% y-o-y, while sales of textiles, clothing and footwear dipped 1.2% y-o-y.

In January-November 2012 retail sales at current prices rose by 6.6% y-o-y.

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

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