Bulgaria Business Confidence Increases in March

Bulgaria’s business climate index has improved in March led by increased optimism in industry and services, official data showed on Friday.

The total business climate indicator in March was 0.9 percentage points higher compared to the previous month, the National Statistical Institute (NSI) said in a statement.

The business climate in industry increased by 2.3 percentage points in comparison with February due to the more favourable entrepreneurs’ assessments and expectations about the development of their businesses. Most managers expect selling prices for their products to remain little changed over the next three months.