According to preliminary adjusted data, retail trade in November contracted by 6.4% compared to a year earlier and increased by 1.2% compared to October, according to the National Statistical Institute.
The days when we went to the airport carefree, showed our passport and boarded a plane to whatever…
14 Views | the publication reaches you by | Bulgarian Business ClubOn a monthly basis, the result of anti-epidemic measures can be seen, including the closure of shopping malls, which redirected online shopping for the holidays.
Thus, in November, online orders jumped by 72%. Sales of pharmaceutical goods grew by 12%. Internet orders have doubled since the coronavirus crisis, but restrictions and self-restraints have further boosted its growth.
As expected, sales of clothing and footwear decreased by a quarter during the month – 25.4%, and those of communication equipment – by 4.1%.
Construction sector was not largely affected by the restrictions related to the spread of the coronavirus, the calendar data for November show a decrease in construction output by 4.1% on an annual basis. Compared to October, preliminary data show a slight increase of 0.4%.
On an annual basis, the decrease is determined by the negative rate in building construction, where the decrease is by 7.9%, while in civil engineering there is an increase of 1.2%.
Compared to October, the output of building construction decreased by 0.5%, and of civil engineering – by 0.4%.
Industrial production shrinks by 5% Industrial production contracted by 5% in November compared to the previous year, and compared to October the decrease was by 1.5%.
On an annual basis, a decrease in industrial production, calculated from the calendar adjusted data, was reported in the mining and quarrying industry – by 18.1%, in the production and distribution of electricity, heat and gas – by 6.6%, and in the manufacturing – by 3.7%.
Compared to October, a decrease was registered in the mining and quarrying industry – by 9.2%, in the manufacturing – by 1.1%, and in the production and distribution of electricity, heat and gas – by 0.8%.
In April, Bulgarian retirees with a pension ranging from BGN 300.01 up to BGN 369, which is392 000 people,…
8 Views | the publication reaches you by | Bulgarian Business Club
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