Poland's seasonally-adjusted retail sales trade inched up by 0.5% m/m and fell by 2% y/y in August 2011, Eurostat reported. The average retail sales index for the EU edged up by 0.8% m/m, but was down by 0.2% in annual terms. Poland's statistics office had earlier reported that retail sales rose by 1.1% m/m and by 11.3% y/y in July. |
The European Commission is referring Poland (and Cyprus) to the Court of Justice of the European Union for failing to fully transpose EU's Renewable Energy Directive, according to the ... more
The ZEW-Erste Group Bank Economic Sentiment Indicator for Poland (economic expectations) surged by 22.3pts m/m to 42.9pts in February, according to a report by the Center for European Economic ... more
When Poland joins the euro-zone, it will have to transfer EUR 5.47bn of its foreign-currency reserves to the European Central Bank, according to a statement by the ministry of finance. The ... more