Retail sales grow by 8.2% in January - GUS

Retail sales increased in January by 8.2 percent year-on-year and dropped by 20.5 percent m/m, according to GUS. Market consensus prepared by the Polish Press Agency (PAP), saw the sales increase by 7.5 percent y/y and contract by 20.6 percent m/m. In real terms, Polish retail sales were up by 7.7 percent y/y.