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26.06.2014 12:09:50
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Poland Retail Sales Growth Slows In May, Below Forecast
(RTTNews) - Poland's retail sales growth slowed notably in May, after strong improvement in the previous month, figures from the Central Statistical Office showed Thursday.
The retail sales index rose 3.8 percent year-on-year in May, slower than April's 8.4 percent growth. The increase came in well below economists' expectation for 6.2 percent growth. In March, sales rose 3.1 percent.
On a monthly basis, retail sales dropped 0.7 percent in May, reversing from a 2.3 percent increase in April. This was the first decline in three months.
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