Bulgaria's businesses predict prices will continue to rise

Bulgaria's businesses predict prices will continue to rise

Entrepreneurs in the retail and services sectors in Bulgaria expect that prices will continue rising in the next three months, shows a November survey conducted by the National Statistical Institute. As a result of the deteriorating business climate in construction, retail trade and the services sector, the overall assessment of the business environment in Bulgaria among entrepreneurs decreased for the fourth consecutive month - by 2.2 percentage points compared to October. Industrial entrepreneurs are more optimistic - the indicator "business climate in the industry" has gone up by 3.2 percentage points.

The uncertainty of the economic environment is the most serious problem according to all respondents in the survey.

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