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Slight acceleration likely in Poland's September wage growth

Poland's average gross wage data for September is scheduled release on Friday. 

"An increase in average gross wage growth of 3.5% yoy in September, up from 3.4% yoy in August and an increase of 0.3% mom. Real wage growth is still being supported by deflation and is likely to increase by 4.2% yoy", estimates Societe Generale. 

On the assumption that employment grew by 1.0% yoy in July, real wage bill growth should increase to 5.3% yoy from 5.0% yoy in August.

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