Bulgaria's services output grows 3.6% y/y in Feb

On a seasonally-adjusted monthly comparison basis, total production in the services sector inched up by 0.1% in February after rising by a revised 1.1% the previous month, the National Statistical Institute (NSI) said in a monthly report.

The highest annual growth was posted in the output of accommodation and food service activities, at 9.3%, followed by information and communication with a 6.3% leap. In comparison, professional, scientific and technical activities marked a production decline of 0.7% year-on-year.

In monthly terms, output in real estate activities increased the most, by 3.2%, while administrative and support service activities fell by 4.3%.

Changes in services output (pct):

Source: NSI