News about SFB Capital Market JSCThe production of Bulgaria’s tailoring industry in continue to rise in the third quarter of 2011. Growth is 3.2% YoY.
The production of Bulgaria’s tailoring industry in continue to rise in the third quarter of 2011, shows the industry report of SFB Capital Market JSC on the development of the sector. Growth is 3.2% YoY. Turnover from goods and services is up as well - by 7.9% over the same period of 2010.
The trend of increase in imports of tailoring products continued in the third quarter of 2011. YoY growth rate is 3.6%. In the first nine months of the year the increase is 5.3% on an annual basis. During the July-August period exports also increased as compared to the same quarter of previous year growth is 12.6%. During the first nine months the increase is 17.6%.
The main part of the production of the tailoring industry in Bulgaria continues to be toll manufacturing. In the third quarter, only about 2% of the produced apparel and other clothing products are sold on the domestic market. Sales of the manufacturers in Bulgaria are lower by 19% in the third quarter of 2011. (20.01.2012)
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