Sales in small store up 6.2% y/y – report

The average value of a single purchase in small-format stores (up to 300 sqm) stood at PLN 14.9 in July, marking a 1.4 percent increase m/m and 7 percent increase y/y, according to the Center for Market Monitoring (CMR) and the Polish Chamber of Commerce (PIH). The total value of sales in small stores was 6.2 percent higher y/y, however the number of transactions decreased slightly. “The growth was largely due to higher prices than last year,” the report stated. Compared to last month, both the revenue and the number of transactions decreased (by 3.1 percent and 4.5 percent respectively).

(PAP)