SeenewsSeenews
Search
Seenews
AlertsSeenewsSeenews
Searchclose
TOPICS
arrow
COUNTRIES
arrow
INDUSTRY
arrow
Economy
arrow
Browse Economy
Mix and match your focus countries with our advanced search
Investments
arrow
Browse Investments
Mix and match your focus countries with our advanced search
Deals
arrow
Browse Deals
Mix and match your focus countries with our advanced search
Tech
arrow
Browse Tech
Mix and match your focus countries with our advanced search
Green
arrow
Browse Green
Mix and match your focus countries with our advanced search
0/5
You have 5 free articles left this month
You have 0/5 free articles
Sign up to get 5 more free articles this month
SIGN UP
arrow
LOGIN
arrow

Bulgaria's services output up 6% y/y in April

Jul 5, 2024, 12:01:36 PMArticle by Mihaela Miteva
share
July 5 (SeeNews) - Bulgaria's output in services, except trade and financial and insurance activities, rose by 6% year-on-year in April, following a revised annual rise of 3.2% in March, the statistical office said on Friday, quoting preliminary data.

Bulgaria's services output up 6% y/y in April
Photo by Scott Graham on Unsplash

On a seasonally-adjusted monthly comparison basis, total production in the services sector went up 1.7% in April after increasing by a revised 0.3% 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 14.3%, followed by transportation and storage with a 12.5% leap. In comparison, administrative and support service activities marked a production decline of 10% year-on-year.

In monthly terms, output in transportation and storage and real estate activities increased the most, each by 3.1%, while professional, scientific and technical activities inched down 0.1%.

Changes in services output (pct):

Activities

April y/y April m/m March y/y* March m/m*
Total 6.0 1.7 3.2 0.3
Transportation and storage 12.5 3.1 2.3 2.3
Accommodation and food service 14.3 0.9 9.4 0.7
Information and communication 11.4 1.8 8.2 0.6
Real estate 1.6 3.1 -5.6 -1.7
Professional, scientific and technical -5.5 -0.1 -1.4 -0.8
Administrative and support service -10.0 0.8 -4.5 -3.0

Activities

*revised data

source: NSI

Read next

Your complete guide to the emerging economies of Southeast Europe. From latest news to bespoke research – the big picture at the tip of your fingers.