Text size

Uncertain economic environment remains the biggest hurdle for entrepreneurs

published on 12/30/22 4:02 PM

Photo: Pixabay

The overall business climate indicator increased by 1.0 percentage points in December compared to the previous month, the monthly survey of the National Statistical Institute (NSI) shows. Industry and retail trade saw an increase, construction maintained its levels, while the services sector saw a decline. The uncertain economic environment remains the most serious challenge to business development.

As a result of industrial entrepreneurs' more positive expectations for the next six months, the "business climate in industry" indicator increased by 2.5 points. However, construction contractors have reserved expectations for the next three months.

The "retail business climate" indicator increased by 0.7 points. The positive assessment is mainly related to the sales volume in the last three months as well as to the expectations for the next three months. In contrast, in the services sector this indicator decreased by 1.1 points.

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

Radio Bulgaria Economy business climate indicator National Statistical Institute

More from category

The turnover of retail chains dropped by almost 29% on the day of the boycott

Bulgaria’s Minister of Finance Temenuzhka Petkova said that the turnover of large retail chains in Bulgaria decreased by 28.8% on the day of the boycott compared to the previous day, reported BTA. Temenuzhka Petkova took part in the meeting on..

published on 2/15/25 2:22 PM

The average salary in Sofia is EUR 1732, according to NSI

The highest average salary in Bulgaria is in Sofia - 1732 euro, and the lowest in Smolyan - 826 euro. These are the data from the National Statistical Institute (NSI) for December 2024. Because of the salaries in the capital, the average salary in..

published on 2/14/25 2:48 PM

NSI: Annual inflation in Bulgaria at 3.7 per cent

Monthly inflation in the country was 2% in January and annual inflation was 3.7%. This is according to preliminary data from the National Statistical Institute (NSI). The biggest increases were in the prices of heating and utilities. According to the..

published on 2/14/25 2:06 PM