The Growth of Retailers' Turnover in Bulgaria is Slowing Down in September

Business | November 8, 2017, Wednesday // 12:36
Bulgaria: The Growth of Retailers' Turnover in Bulgaria is Slowing Down in September

Growth in retail trade again slowed down after the peak reported in August , according to data from the National Statistical Institute (NSI). In September, the change is 2.3% on an annual basis, and on a month-on-month basis the increase is symbolic - only 0.1%.

Among the companies with the highest annual growth rates are the traders of household appliances and furniture (9.9%) and of computer equipment (8.2%). In the food and drink trade, the turnover increased by 2.9 percent.

Compared to August, the largest growth was registered in the retail sector for mail orders, telephone and internet (3%), as well as in furniture and household goods (0.9%) and in cosmetics and pharmaceuticals (0,9%).

NSI data show a significant decrease in the turnover of fuels and oils on a monthly as well as an annual basis. Compared to the previous month of August, they decreased by 1.9%. Compared to September 2016, the decline was 12.4%.

Indeed, this sector is the only one that reports a decline in turnover among the NSI economic activities.

We need your support so can keep delivering news and information about Bulgaria! Thank you!

Business » Be a reporter: Write and send your article
Tags: NSI, retail sector, turnover
Advertisement All Are Welcome! Join Now!
Bulgaria news (Sofia News Agency - is unique with being a real time news provider in English that informs its readers about the latest Bulgarian news. The editorial staff also publishes a daily online newspaper "Sofia Morning News." (Sofia News Agency - and Sofia Morning News publish the latest economic, political and cultural news that take place in Bulgaria. Foreign media analysis on Bulgaria and World News in Brief are also part of the web site and the online newspaper. News Bulgaria