GUS: Industrial output up 3.8%; retail sales up 3.5% y/y

Poland’s sold industrial production grew by 3.8 percent year-on-year in July, the Central Statistical Office (GUS) said in a data release on Wednesday. On a monthly basis, output declined by 1.3 percent. The seasonally-adjusted growth stood at 3.9 percent y/y. GUS also said that the volume of retail sales in Poland rose by 3.5 percent year-on-year in July. In month-on-month terms, retail trade recorded an increase of 6.6 percent. In the January-July period retail sales volume grew by 3.7 percent y/y, GUS also said.