Economy
19:37 21 March 2019
Post by: WBJ

Retail sales up by 6.5% in February

Retail sales up by 6.5% in February

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.

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