Retail sales, industrial production up in March - GUS

Retail sales increased in March by 7.9 percent year-on-year and 16.5 percent m/m, according to GUS. Market consensus prepared by the Polish Press Agency (PAP), saw the sales increase by 8.8 percent y/y and 16.5 percent m/m. The industrial production in March grew by 11.1 percent y/y, while m/m it grew by 17.6 percent. Analysts surveyed by PAP predicted the y/y growth to be at 6.9 percent, 12.7 percent m/m.