Business climate in Bulgaria has deteriorated in July, data of the Bulgarian National Statistical Institute shows. A more unfavorable business climate was registered in construction, trade and service sector. Retail prices and prices of services in that country are not expected to change significantly in the next three months, business representatives of those sectors forecast. Although a slowdown has been registered in construction, entrepreneurs are more optimistic about the development of that sector in the coming months. Better business climate has been registered in industry only. In July this year Industrial prices have declined as compared to the previous month, yet a 3% price increase was registered year on year.
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