However, compared to July 2023, retail sales increased by 2.8 per cent. After eliminating seasonal factors, the figures indicate a 1.3 per cent rise in sales for August 2023 compared to the previous month.
One sector that saw a significant boost was online retail. Internet-based sales at current prices rose by 6.2 per cent from July to August 2023. The overall share of online sales in total retail sales also jumped from 7.9 per cent in July to 8.2 per cent in August this year, as per Statistics Poland.
Despite the uptick in online sales, specific categories, particularly textiles, clothing, and footwear, saw a decrease in their share of online sales, falling from 18.6 per cent in July to 17.7 per cent in August.
When looking at the January-August 2023 period, retail sales saw a decline of 4.2 per cent year-on-year, a noteworthy downturn compared to the 7.3 per cent growth seen in 2022.
ALCHEMPro News Desk (DP)
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