Poland's retail sales at current prices fell 1.6% annually in February, reversing the 1.3% rise in January, a report by the Central Statistical Office said Tuesday. Economists expected sales to fall 0.6%.
At constant prices, retail sales dropped 2.3% in February, in contrast to a 1.4% increase in the previous month.
In February, the steepest fall in retail sales at current prices was a 12.8% fall in sales of solid, liquid and gaseous fuels. This was followed by a 12.3% drop in sales of motor vehicles and motorcycle parts. However, the fastest rise of 22.9% was seen in other retail sales in non-specialized stores.
Month-on-month, retail sales at current prices fell 1.6% in February compared to a 22.9% drop in the previous month.
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