Polish retail sales went up by 8% YoY in August after a 7.6% increase in July, Eurostat, the EU’s statistics agency, reported on October 6.
Month on month, retail sales went up by 0.7%, the agency also said.
Retail sales in the euro zone fell by 2% in August after a 1.2% decline a month before.
In monthly terms, the euro zone’s retail sales fell by 0.3% following a 0.4% drop in the previous month.
Eurostat annual growth figures are work-day adjusted, while the monthly growth figures are also seasonally adjusted.
Eurostat data also include small companies, which employ fewer than 10 people – in this case, small family shops – but exclude auto sales. (The First News/Business World Magazine)