Retail sales up by 6.5% in February
19:37
Retail sales in February were up by 6.5 percent y/y, Polish Central Statistical Office (GUS) reported. This is slightly above the forecast of economists who expected a rise of 6.3 percent. On a monthly basis, there is a slight slowdown from 6.6 percent growth recorded in January.
Extension of the 500+ program and payment of the thirteenth pension promised by PiS ahead of elections should support economic growth, Fitch said.
