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Business climate indicator in Bulgaria slightly down in March


A regular monthly poll by the National Statistical Institute (NSI), the results of which were released on March 28, has found that the business climate indicator in Bulgaria in March dropped by 0.5 percentage points compared with February, with sentiment in the industry sector down.

Recent previous polls found that the business climate in Bulgaria was seen as improved in February compared with January, while in January, it was largely unchanged compared with December.

The indicator in Bulgaria’s industry sector dropped by 3.9 percentage points in March, with managers reserved about the business situation, and with their forecasts about production activity in the next three months having become more unfavourable.

In the construction sector, the indicator was up by 0.9 percentage points, with managers more favourable about the business situation.

The indicator in the retail trade was up by 1.1 percentage points, with retailers more optimistic about the business situation over the next six months.

The indicator in the service sector was up by 3.5 percentage points, with managers positive in their assessments and expectations about the business situation, the NSI said.