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Bulgarian Retail Sales MoM (Nov) M/M -0.4% vs. Exp. -0.5% (Prev. 1.0% )

Newsquawk Staff ·

Bulgarian Retail Sales MoM (Nov) M/M -0.4% vs. Exp. -0.5% (Prev. 1.0% )

What it means

Bulgarian retail sales showed a smaller-than-expected decline at -0.4% month-on-month, beating the consensus forecast of -0.5%. This could indicate some resilience in consumer spending, especially following a robust previous month at 1.0%, and may suggest more stability in the Bulgarian economy. Traders should consider how this might influence sentiment around the eurozone and related assets.

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