Bulgarian retail sales slow in October

Retail

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Bulgaria's retail sales at constant prices went up by 7.6% year-on-year in October, after growing by an annual 8.4% in the previous month, the National Statistical Institute (NSI) said on Friday, citing preliminary working-day adjusted data.

Sales rose for both for food, beverages & tobacco and non-food products, 7.6% and7.4%, respectively.

Trade for household appliances, furniture, and other household goods increased by 7.2% and sales of automotive fuel added 7.0%. On a monthly basis, retail sales edged up 0.6%, the same pace as in September.

In a separate statement, the Sofia-based agency said the country's industrial production rose 9.7% year-on-year in October, same as seen in September.

On month, industrial production rose 0.7% in October, after a 1.3% growth in the preceding month.

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