Bulgaria's retail sales rise, industrial output up in July

Retail

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Bulgaria's retail sales increased by 20.2% year-on-year in July, after rising 22.7% in the previous month, the National Statistical Institute (NSI) said on Friday, citing preliminary working-day adjusted data.

Trade of non-food product rose the most 21.8% annually in July followed by food, drinks, tobacco (21%) and fuels (14.5%). On a seasonally-adjusted monthly comparison basis, retail trade turnover added 1% in July, following a 1.4% increase in June.

In a separate statement the Sofia-based institute said, citing preliminary data, that Bulgaria's industrial output rose by 8.3% year-on-year in July, following an annual increase of 10.5% in the previous month. On a seasonally-adjusted monthly comparison basis, industrial output edged up 0.3% in July, after it added 0.4% in June.

The statistics agency also said, citing preliminary working-day adjusted data, that construction production in the country rose by 0.8% year-on-year in July, following a 4.7% annual increase in the previous month. On a seasonally-adjusted monthly basis, construction output fell 0.9% in July after it added 1.4% in June.

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