Polish retail sales data for the month of February is set to release tomorrow. According to an Erste Research Group report, retail sales are likely to have grown 6 percent year-on-year, underpinned by solid wage growth.
Nevertheless, the space for further acceleration is limited, as the recent fall of consumer sentiment toward 4 is line with 7 percent to 8 percent growth of nominal retail sales, added Erste Research Group.
Commentary
Polish retail sales likely maintained strong growth in February, to have grown 6 pct
Polish retail sales data for the month of February is set to release tomorrow. According to an Erste Research Group report, retail sales are likely to have grown 6 percent year-on-year, underpinned by solid wage growth. …
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