FMCG retail down by 3.5% in June

Retail trade in FMCG stores fell by 3.5 percent year-on-year in June, according to estimates from the Polish Trade Chamber (PIH). In month-on-month terms it fell by 4.2 percent. “The decline is partly due to deflation observed during the summer months of this year,” said Joanna Chilicka from PIH. It may also result from the closing down of stores, she added. The chamber calculates the estimates based on a survey of small, medium-sized and large stores belonging to PIH members, who control about 20 percent of the FMCG retail market.