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.
- » Liberalisation of Energy Market in Bulgaria Likely to Lead to Power Price Hike
- » Tourism Minister Expects 1.5 Million Russians to Visit Bulgaria in 2016
- » Trips of Bulgarians Abroad, Visits of Foreign Residents Rise in October
- » Bulgaria’s Business Climate Worsens in November
- » Bulgaria Opens Tender for Oil/Gas Exploration in Varna Region
- » Bulgarians to Have Four Long Weekends in 2016
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