Retail trade up by 1.7% in August

The volume of retail sales in Poland grew by 1.7 percent year-on-year in August, the Central Statistical Office (GUS) said on Tuesday. In month-on-month terms it declined by 1.1 percent. In real terms (constant prices) retail sales grew by 2.8 percent y/y, GUS also said. Economists surveyed by the Polish Press Agency had expected retail trade to grow by 1.6 percent y/y and decline by 0.9 percent m/m.