GUS: retail sales up by only 0.1% y/y

The volume of retail sales in Poland rose by o.1  year-on-year in January, according to the Central Statistical Office (GUS) . In month-on-month terms, retail trade recorded a seasonal decline of 22.6 percent. When calculated in real terms (constant prices) retail sales grew by 3.3 percent y/y, GUS also said. Economists surveyed by the Polish Press Agency proposed a wide range of predicted estimates. They expected retail trade to either decline by a maximum of 2.1 percent or to grow by a maximum of 3.6 percent  y/y.