Latest reading: Retail sales expanded 1.5% in month-on-month seasonally adjusted terms in June, which contrasted May’s 0.4% decrease. June’s figure...
Retail Sales in Poland
The Polish economy recorded an average growth rate of 12.5% in retail sales over the decade to 2024, below Central & Eastern Europe's average of 7.8%. In 2024, Poland's retail sales growth was 3.1%.
Poland Retail Chart
Note: This chart displays Retail Sales (ann. var. %) for Poland from 2014 to 2024.
Source: Macrobond.
Poland Retail Data
| 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Retail Sales (ann. var. %) | -2.9 | 8.0 | 5.7 | -3.2 | 3.1 |
Retail sales growth loses pace in June
Latest reading: Retail sales rose by 2.2% year on year in June, marking a slowdown from May’s 4.4% increase. Looking at the details of the release, sales of motor vehicles, motorcycles and parts expanded at a softer pace, while food, beverage and tobacco purchases—which account for the largest share of total retail sales—contracted. In contrast, receipts for fuels plus textiles, clothing and footwear gained momentum. Meanwhile, annual average retail sales growth eased to 3.0% in June (May: +3.2%). On a seasonally adjusted monthly basis, retail sales rebounded by 0.7% in June (May: -2.0% mom s.a.).
Consensus Forecasts and Projections for the next ten years
How should you choose a forecaster if some are too optimistic while others are too pessimistic? FocusEconomics collects Polish retail projections for the next ten years from a panel of 4 analysts at the leading national, regional and global forecast institutions. These projections are then validated by our in-house team of economists and data analysts and averaged to provide one Consensus Forecast you can rely on for each indicator. By averaging all forecasts, upside and downside forecasting errors tend to cancel each other out, leading to the most reliable retail forecast available for Polish retail.
Download one of our sample reports to visualize what a Consensus Forecast is and see our Polish retail projections.
Want to get access to the full dataset of Polish retail forecasts? Send an email to info@focus-economics.com.
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