Bulgaria Retail Sales Growth Eases in October
Image by Pixabay
Bulgaria's retail sales eased by 0.6% year-on-year in October, following an upwardly revised 2.3% rise in the previous month, the National Statistical Institute (NSI) said on Friday.
Sales of food, beverages, and tobacco fell by 5.4%.
Retail trade of computers, peripheral units, software, and telecommunication equipment declined by 4.9% while sales of medical and orthopedic goods went down by 9.1%.
On the other hand, sales accelerated for audio, video equipment, hardware, paints, and glass; electrical household appliances by 7.4%.
On a seasonally adjusted monthly basis, sales fell by 0.4%, after a downwardly revised 0.1% increase in September.
A separate report from the Sofia-based agency showed that the country's industrial output growth eased to 5.7% year-on-year in October, down from a downwardly revised 10.7% in the previous month.
Compared to the previous month, industrial production declined 2%, after a revised 2.6% fall in September. Data also showed that construction output rose by an annual 1.8% in October, following an upwardly revised 1.4% slump in September.
On a seasonally adjusted monthly basis, construction output went up 0.7%, following a 0.2% rise in the previous month.
SUPPORT THE BUDAPEST BUSINESS JOURNAL
Producing journalism that is worthy of the name is a costly business. For 27 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.