Bulgaria’s retail sales increased 5.4 percent year-on-year in December of 2019, after rising 2.5 percent in the previous month. It was the largest gain in retail trade since October of last year, as sales advanced faster non-food products (10 percent vs 5.8 percent in November), particularly audio and video equipment; hardware, paints and glass; electrical household appliances (21.4 percent vs 14.7 percent). On a monthly basis, retail sales rose 0.7 percent, after a 0.4 percent gain in the prior month.
Retail Sales YoY in Bulgaria averaged 6.85 percent from 2001 until 2019, reaching an all time high of 24.60 percent in March of 2007 and a record low of -12.50 percent in January of 2010. This page provides - Bulgaria Retail Sales YoY - actual values, historical data, forecast, chart, statistics, economic calendar and news.
Retail Sales YoY in Bulgaria is expected to be 2.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Retail Sales YoY in Bulgaria to stand at 3.20 in 12 months time. In the long-term, the Bulgaria Retail Sales YoY is projected to trend around 4.50 percent in 2021, according to our econometric models.