Text size

Year-end data optimistic for business climate

published on 11/29/22 2:43 PM

National Statistical Institute

Photo: BGNES

In November 2022, the country's business conditions improved, erasing the deterioration reported in October.

A more favorable business climate is reported in all sectors, according to the latest survey of the National Statistical Institute. Total business climate indicator rose by 3.7 points in November after a 1.7-point decline in October.

In industry, the increase was 0.8% after a 1.3-point drop a month earlier. In construction, growth was 2.2 points after a 1.4 point increase in October. The biggest increase was in trade at 8.7 points, offsetting a 5.2 point decline in October. In the services sector, the increase in the index was also significant at 5.3 points after a decline of 2.3 points a month earlier.

Последвайте ни и в Google News Showcase, за да научите най-важното от деня!

Radio Bulgaria Economy business climate improvement National Statistical Institute November 2022 NSI Total business climate indicator

More from category

The model of EU subsidies distorts agricultural production in Bulgaria, the director of the Institute of Agrarian Economics says

In the space of 15 years, from 2005 until 2020, 75% of the farms in the country have disappeared – from 500,000 in 2005 down to 132,000 in 2020, said Prof. Dr. Bozhidar Ivanov, Director of the Institute of Agrarian Economics at an international..

published on 10/31/24 9:39 AM

Business climate in Bulgaria worsens in October

In October 2024, the total business climate indicator decreased by 5.6 percentage points compared to September, dropping from 22.5% to 16.9%. The index declined in all monitored sectors, the National Statistical Institute announced. In industry, the..

published on 10/30/24 1:36 PM

Institute for Market Economics: The future administration of the country must make unpopular decisions

Petar Ganev , senior researcher at the Institute for Market Economics announced, for the BNR, the publication of their white paper of the Bulgarian economy – Unlocking growth: the road ahead after the election. “Concord should be sought and..

published on 10/30/24 10:41 AM