Poland’s retail sales growth slowed to 3.1% year-on-year, down from the previous 4.8%. This represents a significant decrease of 1.7 percentage points, indicating a lower consumer demand compared to the prior period.
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The actual retail sales figure fell short of the analyst estimate of 3.3%, suggesting weaker-than-expected consumer spending. This shortfall is likely to weigh on consumer-focused sectors, such as retail and consumer goods, potentially leading to short-term negative sentiment in these areas. The data may also influence broader market expectations regarding economic growth and monetary policy in Poland.