Naperville, IL -- (SBWIRE) -- 04/25/2014 -- Reportstack, provider of premium market research reports announces the addition of Poland Retail Report Q2 2014 market report to its offering
We have made a modest upward revision to our forecast for Polish household expenditure over
our five-year forecast period to 2018. In local currency terms, we expect household spending to increase by
30.5%, up from our forecast of 29.9% last quarter. This comes on the back of our upward revision to Polish
economic growth in 2014. We had previously been forecasting real GDP growth of 2.6% in 2014. However,
on the back of an ongoing export recovery, which has filtered through into marked improvements to the
country's labour market, we are now forecasting Polish economic growth of 2.9%. Our robust, if
unspectacular, growth forecast out to 2018, will ensure that Poland continues to attract retail investment
and remains a competitive and dynamic market.
? We have modestly revised up our total household expenditure forecast out to 2018. We are now
forecasting spending growth of 30.5%, from our previous forecast of 29.9% last quarter.
? The highest growth retail category within the sector will remain furnishing and homeware spending. As
well as broader macroeconomic factors, growth in this sector will be aided by strong forecast growth in
household numbers as the make-up of the traditional Polish household evolves.
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