Bulgaria retail sales decrease in October

Photo by STEKLO / Shutterstock.com

Bulgariaʼs retail sales decreased by 5.3% year-on-year in October after falling by an annual 6.7% in the previous month, the National Statistical Institute (NSI) said on Wednesday, citing preliminary working-day adjusted data.

Photo by STEKLO / Shutterstock.com

Retail trade of food, drinks, tobacco fell 10.4% while sales of fuel decreased by 16.3% annually in November. On the other hand, sales of non-food product increased by 2.4%. On a seasonally-adjusted monthly comparison basis, retail trade turnover rose by 1.5% in October following a 3.2% increase in September.

In a separate statement, the Sofia-based statistics institute said, citing preliminary data, that Bulgariaʼs industrial output decreased by 3.9% year-on-year in October, following an annual decline of 2.7%. On a seasonally-adjusted monthly comparison basis, industrial production edged up 0.2% in October after a 2.5% rise in September.

Another preliminary report showed that production of Bulgariaʼs construction sector fell by an annual 4.7% in October, following a 1.7% decline in September. On a seasonally-adjusted monthly comparison basis, construction output decreased 1.5% in October after rising by 1.2% in the previous month.

Music

Dániel Franczia, Veszprém’s Master of the Egyptian ‘Goblet Drum’

Deals

Hungary to Acquire Controlling Stake in GySEV

Construction

Hungary’s Construction Activity Falls in July

Government

Hungarian Economy on ‘Cusp of Recovery’, Orbán Says

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For over 30 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.