Growth in retail sales slows in PolandStaff Writer | October 27, 2016
In September, retail sales rose 4.8% over the same month last year, which was below August’s over two-year high of a 5.6% increase.
Europe Retail sales rose 4.8% in Poland
Meanwhile, annual average growth in retail sales rose from August’s 2.7% to 3.1% in September, the highest reading since December 2014.
FocusEconomics Consensus Forecast panelists see private consumption growing 3.6% in 2016, which is unchanged from last month’s forecast.
For 2017, the panel sees private consumption expanding 3.5%, which is also unchanged from last month’s projection. ■