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Bulgaria Retail Sales Decline For Second Month

4/6/2012 4:43 AM ET

Bulgaria's retail sales declined for the second consecutive month in February, data released by the National Statistical Institute showed Friday.

Retail sales fell a seasonally adjusted 2 percent month-on-month, following a 0.5 percent drop in January. The latest decline was the biggest since January 2010, when sales tumbled 3.9 percent.

On a working-day adjusted basis, retail sales dropped 6.4 percent annually in February, after a 2.6 percent fall in January. Sales fell for the ninth month in a row.

by RTT Staff Writer

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