Statistical effects lowered retail sales

In accordance with the Polish Central Statistical Office's (GUS) data that have been released today, retail sales in enterprises employing more than 9 people increased in current prices by 6.0% YoY in August ... More

CPI inflation above the GUS flash estimate

In accordance with the GUS final data, CPI inflation did not change in August compared to July and amounted to 2.9%, running in line with our forecast and above the GUS flash estimate equal to the market ... More

Strong recovery in consumer demand continues

In accordance with the Polish Central Statistical Office's (GUS) data that have been released today, retail sales in enterprises employing more than 9 people increased in current prices by 7.4% ... More

Industry no longer invulnerable

In accordance with the Polish Central Statistical Office's (GUS) data, the dynamics of sold production of industry in enterprises employing more than 9 people rose to 5.8% YoY in July vs. -2.7% in June, running significantly ... More

Wage growth returned to the medium-term trend

According to GUS data published today, nominal wage dynamics in the sector of enterprises employing above 9 people amounted to 7.4% YoY in July vs. 5.3% in June, running above our forecast (7.1%) ... More

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