Feb 23 β€’ 09:30 UTC πŸ‡΅πŸ‡± Poland Rzeczpospolita

Retail sales in January in Poland exceeded average forecasts of economists

Retail sales in Poland in January 2025 surpassed economists' expectations, driven by significant increases in furniture and electronics sales.

In January 2025, Poland's retail sales saw a remarkable increase, outpacing the average forecast of 3.4% as predicted by various economists. According to data from GUS, the strongest growth was noted in the sales of furniture and RTV/AGD equipment, which surged by 10.5% year-on-year. This surge reflects a strong consumer willingness to make substantial purchases, indicated by the highest consumer sentiment levels since the onset of the pandemic in the same month.

The data also suggests that private consumption has played a pivotal role in driving economic growth in Poland for the year 2025. As consumers felt more optimistic, their spending habits shifted positively, contributing to the overall economic landscape of the country. GUS's research further highlights that there is a notable increase in market penetration by Chinese suppliers in this category, intensifying competitive dynamics and potentially leading to lower prices for consumers.

Moreover, the article touches on the performance of industrial and construction production in January, hinting at a broad economic revival, and provides predictions regarding private consumption trends for 2026. Such outcomes are critical for policymakers to consider as they strategize for sustained growth in the post-pandemic recovery phase, shaping the nation’s economic outlook in forthcoming years.

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