Bulgaria's Food Stores' Turnover Drops Significantly
The turnover of the specialized stores for food, drinks and tobacco products has dropped significantly in January.
According to the data of the National Statistics Institute (NSI) the drop, compared to December 2013 is 15.6% and year-on-year is 3.8%.
The retail of food, both in specialized and unspecialized stores, is going down for the sixth month in a row.
Meanwhile, the NSI data shows that the purchases of non-food increases. The sales of computers in January, for example has risen by 13.8% year-on-year. The home appliances' sales have increased by 12.1% for the same period.
- » Bulgaria’s Presa Daily, Tema Weekly to Cease Publishing Aug 1
- » Lot 4 of Bulgaria’s Struma Motorway Opens for Traffic on July 31
- » Bulgarian Industrial Capital Association Chair: Electricity Prices Can Remain Unchanged
- » Bulgaria's PM Lashes Out at Business Unions over Power Price Demands
- » HeidelbergCement Agrees to Acquire 45% Stake in Italcementi
- » Turkish Stream Could Suffer Delays, Russia Energy Min Admits
A couple of reasons for this. Firstly the population is decreasing due to emigration. Secondly, I have noticed that if a product sells well and is popular, it does not reappear on the shelves after it is sold out. That shows bad management in the shops