Retail sales up 3.4 pct y/y in January - stats office

Poland's retail sales increased, in real terms, by 3.4 percent year on year and fell by 20.6 percent month on month in January 2020, the Central Statistical Office (GUS) said on Friday.

Economists polled by PAP expected January's retail sales to grow, in real terms, by 4.5 percent year on year and to go down by 19.9 percent month on month.

In current prices, sales grew 5.7 percent year on year in January versus 6.5 percent growth expected.

In December 2019, retail sales increased by 5.7 percent year on year and by 14.1 percent month on month.