Auto market prices in Poland rose 0.3 per cent last year, a major rise from the year before, according to new figures released by the country’s government.
The market, which is regulated by the government, rose by 2.1 per cent in 2016, compared with an annual growth rate of just 0.2 per cent, the National Auto Dealers Association said.
It said prices rose on a year-on-year basis and that average sales rose by 3.1 million cars last year.
Polish auto dealers, who make up about 10 per cent of the auto market in the country, have long struggled to keep up with rising demand.
In 2016, the country had the fourth-highest per-capita sales of all 28 EU states, according the Organization for Economic Cooperation and Development.
In 2017, it lost ground to Germany, which had the highest number of sales.
Auto market sales were down by almost one per cent from last year’s level of 2.2 million.
In 2015, the market was up by 1.6 per cent and in 2016 it was up 1.4 per cent.
Poland has long been criticized for being one of the few countries where auto sales are higher than in Europe.
That’s partly because the country has had a high degree of privatisation since its Communist government was ousted in 1989.
The government also tightened controls on the ownership of vehicles, with many dealerships now offering free and low-cost financing.
Auto sales have been on a downward trend in recent years, although they are still up by a few percentage points in the second quarter.
The latest figures showed that vehicle sales in the Polish market rose by 1,079 cars last month, down from 1,087 the previous month.
However, this is still a significant improvement from a year earlier, when sales in Poland were down 2.3 points.
The National Auto Dealer Association said the average sale price of vehicles sold last year was up 0.9 per cent to $1,063.
Prices rose by 0.7 per cent for the year to the end of June, and by 0,3 per per cent over the previous 12 months.
The figures were also higher than the 2.4-per-cent average of the previous five years.