Retail sales in Bulgaria tumbled 19.9 percent year-on-year in April of 2020, following a 14.6 percent slump in the previous month. It was the biggest fall in retail trade since series began in January of 2001. Non-food sales declined faster (-22.9 percent vs -18.8 percent in March), namely textiles, clothing, footwear and leather goods (-72 percent vs -63.1 percent) and audio and video equipment; hardware, paints and glass; electrical household appliances (-20.7 percent vs -19.8 percent); and automotive fuel (-40.3 percent vs -37.1 percent). Also, sale of food, beverages and tobacco dropped (-7.9 percent vs 3.4 percent). On a monthly basis, retail sales went down 1.4 percent, after a 200.1 percent plunge in March.
Retail Sales YoY in Bulgaria averaged 6.63 percent from 2001 until 2020, reaching an all time high of 24.60 percent in March of 2007 and a record low of -19.90 percent in April of 2020. This page provides - Bulgaria Retail Sales YoY - actual values, historical data, forecast, chart, statistics, economic calendar and news. Bulgaria Retail Sales YoY - data, historical chart, forecasts and calendar of releases - was last updated on July of 2020.
Retail Sales YoY in Bulgaria is expected to be -7.80 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 3.50 in 12 months time. In the long-term, the Bulgaria Retail Sales YoY is projected to trend around 6.00 percent in 2021 and 4.50 percent in 2022, according to our econometric models.