In June 2022, the economic situation in Bulgaria improved. The overall business climate indicator rose 1.4 percentage points as compared to the previous month, when it fell 0.7 points, the National Statistics Institute announced.
The indicator in the industry sector went up by 1.7 percentage points. In retail trade, the indicator increased with 2.1 percentage points. The indicator in construction went up by 1 percentage point. No change was registered in the service sector.
The uncertain economic environment has affected the development of all sectors. The number of managers, who express expectations that prices would rise in the next 3 months, has increased. More than 50% of the respondents said that prices in construction and retail trade will rise.
In the next 12 months, the Bulgarian business needs about 262,000 workers and specialists , according to a study by the Employment Agency. This is nearly 9.3% of the currently employed. Compared to the results in 2023, there is a..
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The German economy has been shrinking and the government expects a decline of 0.2% of GDP. Some of the main reasons for this include unresolved structural problems related to lack of energy security, excessive bureaucracy and shortage..
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