ING
May 25, 2026
Polish Consumer Spending Slows as Caution Rises
Market ReportMacro Economic IndicatorsConsumer DiscretionaryConsumer Staples
Polish retail sales growth slowed significantly in April to 1.3% YoY as the Easter holiday effect faded and consumers grew wary of making durable goods purchases.
Key Takeaways
- 1.Poland's retail sales growth slowed to 1.3% YoY in April from 8.7% in March, primarily due to the timing of Easter spending shifting to March.
- 2.Demand for durable goods like cars and electronics weakened significantly, reflecting consumer caution amid Middle East conflict uncertainty and high fuel prices.
- 3.Private consumption growth is expected to decelerate in Q2 2026 to approximately 3%, down from 4% in Q1.
Table of Contents
- Polish consumer spending to slow as caution rises
- Retail sales slow as consumers become more wary
- Author
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Authors
Adam Antoniak
Themes
Geopolitical Uncertainty and Consumer SentimentConsumption-led GDP Growth
Regions
EuropePoland
