Bulgaria's annual retail sales fall, industrial production declines in November

Retail

Bulgaria's retail sales at constant prices dropped 6.4% year-on-year in November after decreasing by an annual 5.3% in the previous month, the National Statistical Institute (NSI) said on Friday, citing preliminary working-day adjusted data.

On a yearly basis, retail trade fell for fuel (by 15.8%) and for food, drinks, tobacco (by 14.4%), while increased for non-food products (by 2.5%). On a seasonally-adjusted monthly comparison basis, retail trade turnover at constant prices rose by 1.2% in November following a 1.3% increase in October. In a separate statement, the Sofia-based statistics agency also said that Bulgaria's industrial output fell by 5.0% yr/yr in November, following an annual decline of 3.1% in the previous month.

On a seasonally-adjusted monthly comparison basis, industrial production declined 1.5% in November after a 0.4% rise in October. Separate data also showed that production of Bulgaria's construction sector fell by an annual 4.1% in No vember, following a 4.6% decline in October. On a seasonally-adjusted monthly comparison basis, construction output decreased 0.4% in November after falling by 1.6% in the previous month.

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