Bulgaria's business climate indicator improved

Bulgaria's business climate indicator improved

The overall business sentiment indicator rose 1.4 percentage points (pp) in February, compared to the first month of 2022, due to increases in the industry, retail trade, and services indicators, the National Statistical Institute (NSI) said in a monthly business climate survey earlier this week.

The composite indicator in the industry sector grew the most - by 2.7 pp month-on-month, as a result of the optimistic industrial entrepreneurs’ assessments and expectations about the business situation of the enterprises. "At the same time, their forecasts about the production activity over the next three months remain favourable," NSI added.

The retail sector indicator increased by 1.3 pp and the business sentiment indicator in the services sector advanced by 1.1 pp.

The business sentiment indicator in the construction sector fell 0.6 pp month-on-month in February.

Previous Next
Test Caption
Test Description goes like this
Cookies Preferences
Choose Type of Cookies You Accept Using

These cookies are required for the website to run and cannot be switched off. Such cookie are only set in response to actions made by you such as language, currency, login session, privacy preferences. You can set your browser to block these cookies but our site may not work then.

These cookies allow us to measure visitors traffic and see traffic sources by collecting information in data sets. They also help us understand which products and actions are more popular than others.

These cookies are usually set by our marketing and advertising partners. They may be used by them to build a profile of your interest and later show you relevant ads. If you do not allow these cookies you will not experience targeted ads for your interests.