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Retail sales disappoint; point to continued weakness in economy
   
Poland's retail sales increased 5.0% y/y in July, on a monthly gain of 0.7% and well below analyst expectations of 8.5% growth, stats office GUS announced Tuesday.

In real terms, July retail sales were up 3.2% y/y, on a monthly gain of 0.7%.

While total investment outlays increased 4.5% in H1, investment in manufacturing decreased 3.6% y/y.

In July, unemployment edged down to 17.9%, from 18.0% in June.