Bulgaria's retail sales rise, industrial output up in July
Image by LaMography
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.
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.