Bulgaria retail trade growth continues to ease in June

Retail

Retail sales in Bulgaria rose 22.7% year-on-year in June, easing from a 23.9% increase in the previous month, the National Statistical Institute (NSI) said on Tuesday, citing preliminary working-day adjusted data.

Sales slowed for non-food products (29.3% vs 32% in May), mainly for textile, clothing & footwear (10.5% vs 117.4%) and automotive fuel in specialized stores (15.9% vs 26.9%).

On the other hand, sales advanced for food, beverages & tobacco (16.7% vs 13.1%). On a seasonally-adjusted monthly comparison basis, retail trade turnover rose by 1.5% in June, following a 1.6% increase in May.

In a separate report, the Sofia-based institute said that the country's industrial output rose 9.7% year-on-year in June, easing from a downwardly revised 16.4% jump in the previous month, reflecting smaller growth levels in all industrial activities.

ADVERTISEMENT

Annual Inflation Hits 23-Year High in May Analysis

Annual Inflation Hits 23-Year High in May

Lawmakers postpone expanded data provision for tourism secto... Parliament

Lawmakers postpone expanded data provision for tourism secto...

Dóra Petrányi to co-head CMS Tech, Media, and Comms Group Appointments

Dóra Petrányi to co-head CMS Tech, Media, and Comms Group

Budapest targets tourists with public transport fare hikes City

Budapest targets tourists with public transport fare hikes

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.