Bulgaria retail sales increases in April
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Bulgaria's retail sales at constant prices increased by 25.9% on the year in April, due to low base effects from last year and after advancing by an annual 17.3% in the previous month, the National Statistical Institute (NSI) said on Thursday, citing preliminary working-day adjusted data.
Retail trade advanced the most for auto fuel in specialized stores (41.2%), followed by non-food products (40.5%), primarily for textiles, clothing and footwear (188.7%).
Additionally, retail sales advanced in food, beverage & tobacco by 6%. On a seasonally-adjusted monthly comparison basis, retail trade turnover at constant prices rose by 1.3% in April following a 2.4% increase in March.
In a separate statement, the Sofia-based statistics institute said that industrial production in Bulgaria surged 22.8% year-on-year in April, following an upwardly revised 7.2% jump in the previous month. On a seasonally adjusted monthly basis, industrial output edged 0.2% higher, slowing from an upwardly revised 4.8% gain in the month prior.
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