PMR Online access    |   tel. +48 12 340 51 00    |   E-mail: info@pmrcorporate.com
 


 

Retail sales up by 8.3% y-o-y in November


2010-12-23



Retail sales at current prices grew by 8.3% y-o-y in November, a slight deceleration compared with the previous month, according to data from the Central Statistical Office (GUS). The result was below market expectations, which were around 9% y-o-y.

In comparison with the corresponding period of 2009, sales were up in all the main branch specialisations except sales of newspapers, books and other items at specialist stores, which tumbled by 17.2% y-o-y. The highest increase was noted in sales of furniture, radio, TV and household appliances (up by 26.3% y-o-y), followed by motor vehicles, motor cycles and parts (up by 21.9% y-o-y) and textiles, clothing and footwear (up by 20.5% y-o-y). Double-digit growth also occurred in sales of pharmaceuticals, cosmetics and orthopaedic equipment (up by 18% y-o-y), sales at non-specialist retail stores (up by 15.1% y-o-y), and fuels (up by 12.4% y-o-y). By contrast, sales of food, beverages and tobacco products edged up by 0.1% y-o-y.

In January-November retail sales at current prices climbed by 4.6% y-o-y. According to our estimates, in 2010 as a whole retail sales rose by 5.5%. We forecast that in 2011 retail sales growth will accelerate to 8.1%.



Browse and search in our archive »


subscribe to PMR RSS NEWS channelsSubscribe to PMR RSS NEWS channels »




Free monthly e-letter containing latest news, analyses and business information on economic situation in Poland, Russia, Bulgaria, Czech Republic, Hungary, Romania, Slovakia, Ukraine, Kazakhstan.
Relevant news
 

Useful links         Privacy Policy
Copyright © 2018 PMR. All rights reserved.

PMR is a British-American company providing market information, advice and services to international businesses interested in Central and Eastern Europe as well as other emerging markets. PMR key areas of operation include business publications (through PMR Publications), consultancy (through PMR Consulting) and market research (through PMR Research). With over fourteen years of experience, high international standards in projects and publications, highly skilled multilingual staff and a wide network of co-operating research companies and market experts, PMR is one of the largest companies of its type in the region.