Bulgaria's turnover indices in services rise y/y in Q1

Bulgaria's turnover indices in services rise y/y in Q1

The turnover indices in the services sector in Bulgaria rose on an annual comparison basis in the first quarter of 2021, the National Statistical Institute (NSI) said.

Turnover from information and communication services increased the most - by 15.8% year-on-year in the three months through March, NSI said in a statement last week, citing preliminary data.

Within the information and communication services segment, IT activities recorded the highest annual growth in turnover - by 21.3%.

Turnover from transportation, storage and postal services during the review period increased by 1.9% on the year, mainly due to a 25.3% rise in revenue from postal and courier services.

Within the other business services segment, the turnover index in architecture and engineering services showed the biggest annual growth - by 27.9%, while tour agent and tour operator activities posted the steepest decrease, of 53.7%.

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