Bulgaria's retail trade decreased 12.2 percent over a year earlier in August 2020, after falling 17.5 percent in the previous month. It was the sixth straight drop in retail trade, amid the coronavirus crisis. Sales continued to drop for food, beverages and tobacco (-17 percent vs -22.8 percent in July); non-food products (-5.7 percent vs -11.8 percent) and fuel (-18.5 percent vs -21.1 percent). On the other hand, on-line sales jumped 43.1 percent, following a 22.2 percent surge in the prior month. On a monthly basis, retail trade advanced 2.6 percent, after an upwardly revised 2 percent gain in July.
Retail Sales YoY in Bulgaria averaged 6.23 percent from 2001 until 2020, reaching an all time high of 24.60 percent in March of 2007 and a record low of -20.40 percent in May 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 October of 2020.
Retail Sales YoY in Bulgaria is expected to be -5.00 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 17.30 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.