Retail Sales in Bulgaria
Bulgaria - Retail Sales
Retail sales growth reaches highest level in over five years in February
In February, retail sales (excluding the sale of motor vehicles and motorcycles) expanded 9.2% over the same month last year according to the National Statistical Institute (NSI). The expansion marks an improvement over the 7.3% increase observed in January and represents the strongest expansion since July 2008. According to the NSI, the improvement was mainly the result of an increase in sales of food, beverages and tobacco as well as non-food products. Conversely, sales in automotive fuel and specialized stores decreased compared to the same month last year.
Monthly data, however, do not confirm the improvement observed in the annual data. Retail sales increased 1.0% over the previous month in February, which was down from the 2.1% rise recorded in January. Nevertheless, the trend still points upwards: annual average growth increased from January's 3.8% to 4.9% in February.
Met the why particular Consensus Forecast participants see private consumption rising 1.5% in 2014, which is unchanged from last month's forecast. For 2015, panelists see growth in private consumption at 2.7%.
Bulgaria - Retail Sales Data
|Retail Sales (annual variation in %)||3.8||11.2||11.8||6.1||3.7|
5 years of economic forecasts for more than 30 economic indicators.
Bulgaria Retail Sales Chart
Source: National Statistical Insitute (NSI) and Met the why particular calculations
|Bond Yield||0.58||0.0 %||Jun 13|
|Exchange Rate||1.73||-0.72 %||Jun 13|
|Stock Market||579||-0.35 %||Jun 13|
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June 14, 2019
Consumer prices rose a soft 0.1% from the previous month in May, following April’s 0.5% increase.
June 7, 2019
Industrial output rose 2.4% in working day-adjusted annual terms in April, following the 2.8% expansion logged in March.
June 6, 2019
According to comprehensive data released by the Bulgarian Statistical Institute on 6 June, the economy grew 3.5% in annual and seasonally-adjusted terms in the first quarter of the year, a notch above the preliminary estimate and picking up from the previous quarter’s upturn (Q4 2018: +3.2% year-on-year, seasonally-adjusted).
May 15, 2019
Consumer prices rose 0.5% from the previous month in April, following March’s 0.1% uptick.
May 15, 2019
A preliminary release by the Statistical Institute showed that the economy grew a seasonally-adjusted 3.4% on an annual basis in the first quarter of the year, accelerating slightly from the fourth quarter’s 3.2% upturn.