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Retail sales down by 2.5% y-o-y in December


Retail sales at current prices decreased by 2.5% y-o-y in December, following a 2.4% y-o-y rise in the previous month, according to data from the Central Statistical Office (GUS). The result is below market expectations, which were for an increase of 1.3% y-o-y.

In comparison with the corresponding period of 2011, sales were down in three of the main branch specialisations and up in five. The biggest drop was noted in sales of newspapers, books and other sale in specialised stores (down by 17.4% y-o-y), followed by sales of motor vehicles, motorcycles and parts (down by 12.4% y-o-y). Sales of fuels declined by 4.2% y-o-y. On the other hand, sales in the category of other retail sale in non-specialised stores jumped by 9.1% y-o-y, sales of furniture, radio, TV and household appliances increased by 6.8% y-o-y, sales of textiles, clothing and footwear edged up by 0.6% y-o-y, pharmaceuticals, cosmetics and orthopaedic equipment by 0.3% y-o-y and food, beverages and tobacco products by 0.1% y-o-y.

In 2012 as a whole retail sales at current prices rose by 5.6%.

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

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