Bulgarian Christmas Shoppers Will Still Spend on Electronic Goods

According to figures released by LG Bulgaria, almost half of Christmas shoppers will spend as much as last year on electronic goods. File photo

The Bulgarian electronics retail market has shrunk by 20%, according to figures compiled by LG Bulgaria and released on Friday.

This crisis will, however, not affect Bulgarians doing their Christmas shopping, as 40% of them plan to spend at least as much as they did in 2008.

LG Bulgaria enjoyed a 12% increase in sales in that year. The two most profitable sectors - mobile phones and electronic appliances - showed significant growth in market share, reaching 10% and 30% respectively.

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