Bulgarian Retail Sales YoY (Nov) Y/Y 3.1% vs. Exp. 7.0% (Prev. 7.4% )

Bulgarian Retail Sales YoY (Nov) Y/Y 3.1% vs. Exp. 7.0% (Prev. 7.4% )

The Bulgarian retail sales data for November showed a year-on-year increase of 3.1%, significantly below expectations of 7.0% and down from the previous 7.4%. This miss suggests a potential slowdown in consumer spending, which could influence economic growth forecasts and may prompt discussions on the implications for monetary policy in the region.