Retail sales up but less than expected

The volume of retail sales in Poland grew by 1.6 percent year-on-year in September, according to a publication issued by the Central Statistical Office (GUS) on Thursday. In month-on-month terms retail trade declined by 0.9 percent. When calculated in real terms (constant price) retail sales grew by 3 percent y/y, GUS also said. Economists surveyed by ISBnews expected retail trade growth of 2.4 percent y/y.