Polish consumers boost retail trade
08.09.2022
A recently published report by Eurostat indicates that’s a growing trend in retail trade in Poland. The latest annual summary shows that the highest increases of total retail trade were observed in three European countries – Malta (25%), Slovenia (9%) and Poland (7,6%).
The annual report prepared for European Commission illustrates the situation of retail trade in both European Union countries and Euro currency zone. It focuses on the differences between first half of the years 2021 and 2022, starting from February and ending in July. Comparing monthly results, it analyses not only the overall situation of retail trade but as well the state of chosen industries such as: Food, drinks, tobacco, Non-food products (excluding automotive fuel), including Mail orders and internet and Automotive fuel in specialised stores.
According to data from the year 2021, the overall state of retail trade in Poland looks optimistic. Whilst the month-by-month comparison of volume of this year’s results shows a decrease in the second quarter (seeing a drop from 4,4% in March to -4,6% in April), the latest data from July (showcasing growth by 1,5%) confirms the positive trend. The year-by-year comparison proves that consumer spending in Poland is on the rise. At the end of the first quarter and the beginning of the second it grew by almost 20% . In July, the total volume of Polish retail trade was estimated to grow by 7,6%.
This is one of the best results in Europe, and it proves the resilience of Polish economy. The upcoming months will show whether this trend will continue.
The full report is available on Eurostat.
- Everything
- News (155)
- Events (112)
- Get Support (79)
-
Just Blocks
Other goodsShow allWe are Agata and Sławek, parents and founders of Just Blocks. We took great effort to create a one of a kind brand and simultaneously raise children in the spirit of conscious parenting. Just Blocks mean an exciting journey and chance for new challenges for us!
AIFO COMPONENTS SPÓŁKA Z OGRANICZONĄ ODPOWIEDZIALNOŚCIĄ SPÓŁKA KOMANDYTOWO-AKCYJNA
Industrial machinery and mechanical appliances and parts thereofShow allA company operating in the refrigeration sector, created by engineers for engineers. We have 5200 m² of warehouse space at our disposal. We have over 1.5 million readymade components available off the shelf. We deliver products and solutions to customers in over 45 different countries. We collaborate with leading suppliers in the industry. We carry out our own projects, offer logistical support, and provide technical assistance.
-
Article
Polish Cities – unlocking the potential – Lublin
Lublin stands out as a leading player in the IT sector within the country
ArticleThe sustainable development of electromobility in Poland
More than 100,000 fully electric cars, 6,000 publicly charging points
-
Event
TAROPAK 2024
TAROPAK is the largest forum in this part of Europe where the latest technological solutions for the…
EventHORECA / GASTROFOOD / ENOEXPO
31st International Hotel and Catering Equipment Trade Fair HORECA, along with the accompanying 22nd …
-
Institution
Regional Centre for Innovation & Technology
Regional Center for Innovation and Technology Transfer (RCIiTT) is a unit of the West Pomeranian Uni…
InstitutionRegional Development Agency in Konin
Regional Development Agency Inc in Konin since 1992, it has been working for regional development. T…
The Export Promotion Portal uses cookies to make it easier for users to use the website and for statistical purposes. If you do not block these files, you agree to their use and saving in the memory of your computer or other device. Remember that you can change your browser settings to block the storage of cookies. More information can be found in Privacy Policy and Terms and conditions.