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Retail sales up by 3.1% y-o-y in January


Retail sales at current prices rose by 3.1% y-o-y in January, following a 2.5% y-o-y decline the month before, according to data from the Central Statistical Office (GUS). The result surpassed market expectations, which were for a small increase of 0.1% y-o-y.

In comparison with the corresponding period of 2012, sales were up in five of the main branch specialisations and down in three. The highest increase in sales was noted in the category of other retail sale in non-specialised stores (up by 16.5% y-o-y), followed by sales of pharmaceuticals, cosmetics and orthopaedic equipment (up by 13.% y-o-y) and motor vehicles, motorcycles and parts (up by 11.9% y-o-y). Sales of textiles, clothing and footwear went up by 6.6% y-o-y and sales of fuels edged up by 0.9% y-o-y. By contrast, sales of newspapers, books and other sale in specialised stores decreased by 3.3% y-o-y, furniture, radio, TV and household appliances by 1.5% y-o-y, and food, beverages and tobacco products by 0.4% y-o-y.

By way of comparison, in 2012 as a whole retail sales at current prices grew by 5.6%.

Retail sales in Poland (%, y-o-y), January 2012-January 2013

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