Bulgaria's business sentiment improves in Nov

Bulgaria's business sentiment improves in Nov

Bulgaria's business sentiment indicator increased by 1.2 percentage points month-on-month in November on the back of improved sentiment in the sectors of construction and retail, the National Statistical Institute (NSI) said on Friday. The business sentiment indicator decreased most in retail - by 2.7 pp, followed by construction with a 2.3 pp increase, NSI said in a monthly business climate survey, in which managers of 4,200 enterprises were interviewed.The indicator in manufacturing was little changed month-on-month. Entrepreneurs have expressed optimistic expectations regarding the business condition of enterprises in the next six months.The indicator was unchanged in the services sector due to improved expectations about demand in the next three months.

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