Percentage

Retail sales grow 6 percent annually in May

The retail sales volume increased by 5.8 percent in May from a year ago, after surging more than 10 percent in the previous month, data from the Turkish Statistical Institute (TÜİK) have shown.

On a monthly basis, retail sales contracted 0.2 percent, which compared favorably with the 1.9 percent decline recorded in April.

A slight Drop in Wholesale Food Prices in Bulgaria

The market price index (MPI), which reflects wholesale food prices in Bulgaria, fell this week by 0.55 percent to 2,370 points, BTA reported.

Its level decreased for the fourth week in a row. Since March 10, the MPI has retreated by 4.64 percent from 2,480 points.

The base level of the MPI - 1,000 points - is from 2005.

Bulgaria: First Drop in Wholesale Food Prices in over two months

The market price index (MPI), which reflects wholesale food prices in Bulgaria, fell this week by 0.53 percent to 2,467 points. Since the beginning of the year, the level of the index has risen by 6.12 percent (from 2,316 points). This is the first drop in the MPI level in more than two months and the second for this year, notes BTA.

Bulgaria: Wholesale Food Prices have Risen by more than 7% since the Beginning of 2023

The market price index (MPI), which reflects wholesale food prices in Bulgaria, rose this week by 0.32 percent to 2,480 points. Since the beginning of the year, the level of the index has risen by over 7 percent (from 2,316 points), BTA reported.

The base level of the MPI - 1,000 points - is from 2005.

Over the course of a Year: Wholesale Food Prices in Bulgaria have Risen by nearly 52 percent

The index of market prices (ITC), which reflects the prices of wholesale food products in Bulgaria, rose in two weeks by 0.61 percent to its next record of 2,316 points. The increase takes into account the increase in the price of food products for the Christmas holidays, BTA reported.

Home sales leaped 108 percent in May

Home sales rose by 107.5 percent in May from the same month of 2021, while house purchases by foreigners in Turkey increased by 236 percent, data from the Turkish Statistical Institute (TÜİK) showed.

A total of 122,768 houses were sold last month compared to 59,166 units that changed hands in May 2021 and 50,936 in the same month of 2020.

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