Bulgaria's services output up 3.3% y/y in Jan

On a seasonally-adjusted monthly comparison basis, total production in the services sector grew by 0.8% in January, following a revised increase of 0.6% the prior month, the National Statistical Institute (NSI) said in a monthly report.

The highest annual rise was posted in the output of accommodation and food service activities, at 8.4%, followed by administrative and support service activities with a 6.7% climb. In contrast, real estate activities registered a production decline of 3.6% on the year, while professional, scientific and technical activities output fell by 2.4%.

In monthly terms, output in administrative and support service activities grew the most, by 12.1%, whereas real estate activities production lost 3.7%.

Changes in services output (pct):

Source: NSI