Bulgaria's retail sales fall 6.7% y/y in September

Bulgaria's retail sales fall 6.7% y/y in September
Turnover indices for retail trade, excluding motor vehicles and motorcycles. / NSI.bg
By bne IntelliNews November 9, 2020

Bulgarian retail sales (at constant prices) contracted 6.7% year on year in September, easing from the 12.2% y/y fall in August, the statistics office reported on November 9.

The fall in September was due to plunging food, non-food and motor fuels sales, according to working day adjusted statistics office data.

According to the latest available GDP data, individual final consumption of households fell by a real 0.2% in the second quarter of 2020.

Retail sales of food, beverages and tobacco went down 10.5% y/y in September, easing from a 17% y/y fall in August. Sales of non-food products (except fuel) contracted 0.3% y/y, after decreasing by 5.7% y/y in August. Automotive fuel sales plunged 15.2% y/y in September, easing from a 18.5% y/y fall in August.

Related Content

AI and cybersecurity to drive CEE tech sector

COMMENT: The Three Seas Initiative's digital imperative

IEA: Methane emissions at an all-time high need to be reduced by 75% by 2030 at a cost of $170bn

Read in IntelliNews Pro
Get IntelliNews Pro

Related Content

AI and cybersecurity to drive CEE tech sector

COMMENT: The Three Seas Initiative's digital imperative

IEA: Methane emissions at an all-time high need to be reduced by 75% by 2030 at a cost of $170bn

Data

Ford drives hike in car production in Romania

Romania’s automobile production increased by 7% y/y to more than 150,000 units in Q1.

Akbank launches spring syndicated loan renewals season for Turkish banks at better costs

Benefits of Turkey’s so-called economic normalisation policy clearly observed in external debt rollovers.

Ukraine's birth rate plummets to 300-year low as country’s population collapses

Ukraine’s population collapsed to 29mn souls last year, according to Ukraine Business News, with just 187,000 births recorded (including in Russian-occupied territories). This is the lowest annual figure in recorded history over the last 300 years.

Russia’s $13.4bn current account surplus in March second highest since 2007

Russia posted a $13.4bn current account surplus in March, more than double February’s $5.5bn and the second highest level for a March since 2007.

Automotive sector output in Hungary edges up 1.6% y/y in February

Headline industrial output rose 1.8% in February, increasing for the first month in about a year.

Ford drives hike in car production in Romania
1 day ago
Akbank launches spring syndicated loan renewals season for Turkish banks at better costs
2 days ago
Ukraine's birth rate plummets to 300-year low as country’s population collapses
2 days ago
Russia’s $13.4bn current account surplus in March second highest since 2007
2 days ago
Automotive sector output in Hungary edges up 1.6% y/y in February
3 days ago

Follow Us On

Most Read

  1. Iran vs Israel: Who is better equipped for war?
    6 days ago
  2. Saudi Arabia to scale back plans for Neom city
    9 days ago
  3. BREAKING: Iraq, Syria and Jordan close airspace amid Iranian strike on Israel
    6 days ago
  4. Oil continues to flow to Israel via Turkey despite Erdogan’s vehement speeches on plight of Gaza
    5 months ago
  5. Russia’s war economy boosted by rising oil prices
    3 days ago
  1. Russia could pay off its entire external debt tomorrow, in cash
    20 days ago
  2. Speculation swirls of “Men in Blue” in Crocus City Hall terrorist attack linked to FSB
    24 days ago
  3. Albanians campaign on social media to keep bus bridge created in freak accident
    1 year ago
  4. UBN: Russia could take the Baltic states in 48 hours
    29 days ago
  5. BRICS announce a blockchain-based payment system to create a common currency
    22 days ago

Reports

Dismiss