Eastern expansion continues after Primark opened its first CEE store in Ljubljana in June.
GDP growth figures from the second quarter of this year were down on the first quarter but showed that growth was still being supported in Central and Eastern Europe by domestic demand that has gone some way to offsetting an EU slowdown.
Companies such as Ziaja, Bielenda, Bell, Paese and Verona have successfully entered the Chinese market through the international e-commerce platforms AliExpress and Tmall.
August was the sixth month in a row in which price growth accelerated in Poland, exceeding the 2.5% target of the National Bank of Poland for a second month straight.
The European Commission has given Poland two months to change the new disciplinary regime imposed on the country’s judges by the ruling PiS party.
The reading marks a slowdown of 1.9pp in retail turnover growth in comparison to y/y expansion recorded in May, seen by Erste analysts as a result of the calendar effect.