Poland: Retail sales and MPC meeting in focus - TDS
According to analyst at TD Securities, Poland’s November real retail sales is expected at 6.5% Y/Y down from 7.8%.
“Continued strong wage growth will ensure that household consumption is one of the main drivers of GDP growth this year.”
“Also the minutes of the MPC meeting which ended on 5 December will be released today, but they are unlikely to contain much that is new. With headline and core inflation both comfortably below the 2.5% target the consensus position on the MPC is that rates will be on hold well into next year if not beyond.”