Poland's retail sector experienced its strongest growth in three years, with sales rising by 7.6% year-on-year in April 2025, far surpassing market forecasts of 3.2% to 3.4%. The data, released by Statistics Poland and announced by Finance Minister Andrzej Domański, signalled what he called a "growing momentum" across nearly all retail categories.
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Analysts had expected more moderate figures, with Bank Pekao admitting the results 'blew us away'. While part of the surge is attributed to the late Easter holiday, robust demand for durable goods such as furniture and clothing played a key role.
ING Bank Śląski's chief economist, Rafał Benecki, noted that beyond seasonal effects, the growth also reflects 'a gradual increase in demand for durable goods'. He pointed out that with Easter falling in March the previous year, direct comparisons were more complex.
The Polish Development Fund's vice president, Mikołaj Raczyński, said the data confirmed 'the accelerating trajectory of economic growth'. Despite previous concerns over inflation and uncertainty, this result supports a narrative of economic resilience and revival in consumer confidence.
The positive surprise adds to a broader trend of cautious optimism in Poland's business environment, with the retail sector serving as a leading indicator of recovery.
Industry experts remain watchful, but for now, April's figures offer a bright spot in the country's economic landscape.
Source: www.tvpworld.com