US: decreasing trend in existing home sales
US: Existing home sales (Sept.): 5.15M vs 5.29M expected (prior: 5.33M revised from 5.34M)
- Sales of single and multi-family houses have decreased from past month and remained on a weakening trend.
- Prices of home sold stayed high, being up by 4.2% y/y (median prices); it takes a longer period of time to sold existing houses in the current environment.
Poland: Retail sales (Sept.): -3.4% m/m vs -1.3% expected (prior: 0.9%)
- A broad based fall across sectors and a reversal after the rebound in the prior month. Yearly trend in volume terms has moderated from 6.7% y/y to 3.6% y/y.