GUS: retail sales up 1.8% y/y in March

Retail sales in March 2019 were 1.8 percent higher than a year before (compared to an 8.8 percent y/y increase in March 2018), according to Poland’s Central Statistical Office (GUS). In comparison to February 2019, the March 2019 retail sales represent an increase of 13.5 percent, GUS has revealed.
According to GUS, the low y/y sales growth in March is related to, among other things, the fact that Easter fell in April this year (the so-called calendar effect). However, the statistical office noted that in March there was an increase in retail sales in most categories of goods.
(PAP)