Retail sales index - December 2023

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In December 2023 retail sales[1] at constant prices were by 2.3% lower than the year before (against an increase of 0.2% in December 2022). Compared with November 2023, an increase by 11.0% in retail sales was recorded. In the period of January-December[2] 2023 sales decreased y/y by 2.7% (in 2022 a growth of 5.0%)

In December 2023, a significant decline in retail sales (at constant prices) compared with the corresponding period of 2022 was recorded by entities from the following groups: “furniture, radio, TV and household appliances“ (by 11.0%), “newspapers, books, other sale in specialized stores” (by 8.3%). Enterprises trading in food, beverages and tobacco products noted a drop by 3.6% . However, among the groups presented, an increase was reported by entities selling motor vehicles, motorcycles, parts (by 10.2%) and pharmaceuticals, cosmetics, orthopaedic equipment (by 2.2%).

[1] Data concerns trade and non-trade enterprises employing more than 9 persons. Groups of enterprises were created on the basis of the Polish Classification of Activities (PKD 2007) and a given enterprise is included to a specific category by predominating kind of activity and according to its present organizational status in mentioned period. The recorded changes of rise or fall of the volume of retail sales in particular groups of enterprises activity may result from a change in the predominating kind of activity and organisational changes (e.g. a merger of enterprises). This does not have impact on the dynamics of the total retail sales.

[2] Corrections made by reporting entities were included in cumulative data.

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