Podcast in English
Text size
Bulgarian National Radio © 2024 All Rights Reserved

Uncertain economic environment remains the biggest hurdle for entrepreneurs 

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!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

Natural gas prices up 3% in October

The final price proposed by Bulgargaz for the sale of natural gas to its customers in October is BGN 63.72 (EUR 32.58) per megawatt-hour before tax. The 3% price increase is expected to be approved by the Energy Regulatory Commission. The October price..

published on 10/1/24 5:12 PM

Commercial operations of the Alexandroupolis LNG terminal begin

T he  LNG terminal near the Greek town of Alexandroupolis has officially srarted commercial operations today, the Greek company Gastrade announced. The facility features state-of-the-art technology with a maximum regasification capacity of 5.5 billion..

published on 10/1/24 11:01 AM

NSI: Business expectations fall due to uncertain economic environment

In September, the overall Business Climate Indicator for the country decreased by 1 point compared to August. The decline reflects a less favourable assessment in the industry sector, where the indicator fell by 5.2 points. Managers in industry reported..

published on 9/30/24 2:02 PM