Retail sales grow 7.1% in July – GUS

Retail sales increased in July by 7.1 percent year-on-year and 0.6 percent m/m, according to GUS. Market consensus prepared by the Polish Press Agency (PAP), saw the sales increase by 7.4 percent y/y and 1.1 percent m/m. In real terms, Polish retail sales were up by 6.8 percent y/y in June.