Eurostat: Poland’s retail trade up by 6.7% y/y in December

The volume of retail trade in Poland grew by 6.7 percent year-on-year and declined by 0.4 percent in December, the EU’s statistics office Eurostat said in a data release on Wednesday. Throughout the EU, retail trade grew by 0.1 percent y/y and declined by 0.8 percent m/m in December. In the euro area retail trade declined by 1.0 percent y/y and by 1.6 percent m/m, the Eurostat also said. Poland’s statistics office GUS, which uses a different methodology, said last month that retail sales in the country grew by 5.8 percent y/y and by 17.3 percent m/m in December 2013. /kw