Polish retail sales drop ...News

Russia Today - Economy
Polish retail sales drop
source : Russia Today ( News ) () 35
Skyrocketing inflation has dampened household consumption, an official report says Retail sales in Poland slumped for a second straight month in February, at the fastest pace since 2020 as inflation continued to squeeze spending power, Statistics Poland reported on Tuesday. Last month, sales in the sector dropped by 5% year-on-year, far more than an expected 1.4% decline, the figures showed. On a monthly basis, retail saw a 3.6% decline from January. “Retail sales of goods, with calculations based on data from stores with at least 10 employees, decreased by 5% in February. At the same time, in January this fall wa

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