Retail sales increased by 5% y/y in May
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In May 2024, retail sales in Poland, measured in constant prices, rose by 5% compared to the previous year, with a slight 0.1% decrease from April 2024. Adjusted for seasonal variations, sales were 3.3% higher than in April. The year-to-date figures from January to May 2024 showed a 5.5% increase compared to the same period in 2023, which had seen a 5.9% decline. Significant growth sectors included automotive vehicles (+23.8%) and miscellaneous items (+23.5%), while food, beverages, and tobacco sales declined by 1%.
Overall, the retail sector demonstrated resilience and recovery, reflecting varying consumer spending patterns across different product categories.
