Turnover Indices in Services in Bulgaria Rise y/y in Q1

Turnover Indices in Services in Bulgaria Rise y/y in Q1

The turnover indices in the services sector in Bulgaria, which cover logistics, information and communication and other business services, rose on an annual comparison basis in the first quarter of 2018, the National Statistical Institute (NSI) said on Friday.Information and communication services increased 22.4% year-on-year during the first quarter of the year, NSI said in a statement.Within the information and communication services segment, information service activities posted the highest annual growth, of 56.4%, while telecommunications was the only decliner, falling by 0.7%.Transportation, storage and post services recorded a 12.2% annual increase in turnover in the January-March period.Among the activities in the segment, postal and courier activities rose the most - 18.3%. Water transport activities added 16.2%, while land transport grew 12.5% in the review period.In terms of other business services, the turnover index in cleaning activities rose by 28.4%, while legal, accounting and management consultancy activities added 26.6% on the year during the quarter under review.

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