Polish investors were shocked to discover yesterday that September's retail sales numbers increased just 3.1 percent year on year, reported Parkiet.
The shock came because analysts were anticipating gains of some 5 percent. According to economists, this retail slowdown is a harbinger of a strong general downturn looming over the Polish economy.
The worst of it is expected to hit at the end of the year and in the first half of 2013. Investors are advised to put their money into resource companies and other firms expected to play a role in a global economic revival, which is anticipated in the latter half of 2013.
From Warsaw Business Journal
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