In May, the economic situation in the country improved for a second month in a row. There was an improvement in retail trade, construction and services, but there was a decline marked in industry.
In construction, industry and services, no price changes are expected in the next 3 months, while retailers anticipate a slight increase, according to the National Statistical Institute. The general indicator of the business climate in May rose by 0.6 points in comparison to April, when it also rose by 1.8 points. The business climate for the fifth consecutive month since the beginning of 2024 remains above the long-term average and is now 25.4%. Industrial companies are having trouble securing orders, construction companies are complaining about rising prices of materials and customers with payment problems, while retailers are optimistic about sales, according to a survey among managers.
In the first quarter of 2024, the country’s real GDP growth is expected to accelerate, which is a prerequisite for similar annual dynamics, the Bulgarian National Bank said in its regular economic review. The GDP growth is mainly due to the..
The Institute for Market Economics has reported that it took 134 days for working Bulgarians to pay their debts to the treasury. This day is almost always in the middle of May, economist Lachezar Bogdanov told BNR. According to..
47% of Bulgarians disagree with the statement that Bulgaria's entry into the euro area will boost the Bulgarian economy and raise their living standards. This is the result of a national survey conducted by the Market Links agency between 27 April and..
IT is one of the leading sectors in terms of salary increases and interest by job seekers in Bulgaria. Before the pandemic all kinds of experts were..
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