Retail Sales in Bulgaria decreased 17.50 percent in July of 2020 over the same month in the previous year.

Retail Sales YoY in Bulgaria averaged 6.30 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 September of 2020.

Retail Sales YoY in Bulgaria is expected to be -5.50 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 4.50 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.

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Bulgaria Retail Sales YoY

Actual Previous Highest Lowest Dates Unit Frequency
-17.50 -18.10 24.60 -20.40 2001 - 2020 percent Monthly
2015=100, WDA

Calendar GMT Actual Previous Consensus TEForecast
2020-06-09 08:00 AM Apr -19.9% -14.6%
2020-07-09 08:00 AM May -20.4% -19.9% -13.5%
2020-08-10 08:00 AM Jun -18.1% -20.4% -7.8%
2020-09-10 08:00 AM Jul -17.5% -18.1% -12%
2020-10-09 08:00 AM Aug
2020-11-09 09:00 AM Sep -5.5%
2020-12-09 09:00 AM Oct

News Stream
Bulgaria Retail Sales Fall Sharply in June
Bulgaria's retail trade slumped 18.1 percent from a year earlier in June 2020, following a record 20.4 percent contraction in the previous month, as sales continued to decline for food, beverages and tobacco (-20.6 percent vs -17.4 percent), non-food products (-13.1 percent vs -18.0 percent) and fuel (-24.6 percent vs -33.9 percent). On the other hand, on-line trade jumped 35.5 percent, after a 15.0 percent growth in May.
Bulgaria Retail Sales Fall the Most on Record
Retail sales in Bulgaria plummeted 20.4 percent year-on-year in May of 2020, following a 19.9 percent tumble in the previous month. That was the third consecutive month of declines in retail activity and at the steepest pace on record since the country reported its first case of coronavirus in early March. On a monthly basis, retail sales showed no growth, after an upwardly revised 2 percent fall in the prior month.
Bulgaria Retail Sales Drop at Record Pace
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.
Bulgaria March Retail Sales Plunge at Record Pace
Bulgaria's retail trade plummeted 14.6 percent year-on-year in March of 2020, following a 5.5 percent surge in the previous month and marking the steepest decline on record. The plunge in retail activity was mainly the result of coronavirus outbreak and the imposed lockdown to prevent its spread. On a monthly basis, retail sales dipped 18.1 percent, after increasing 0.9 percent in the previous month.

Bulgaria Retail Sales YoY
In Bulgaria, the year-over-year change in Retail sales compares the aggregated sales of retail goods and services during a certain month to the same month a year ago.