In January 2024, the business sentiment in the country improved due to the improvement of the business climate across all observed sectors. In industry and construction, there are expectations for some price increases in the next three months, while managers in trade and the service sector do not foresee any price changes in the coming months.
In January, the business climate indicator increased by 3 percentage points compared to December 2023, when it dropped by 1.8 percentage points to 22.8%, shows the latest survey by the National Statistical Institute. The business climate indicator in industry increased by 2.6 points in January. The business climate indicator in the construction sector increased by 4.6 points. The business climate indicator in the service sector was up 2.4 points and the indicator in the retail trade sector increased with 2.9 points. The uncertain economic environment and labour shortages remain the main problems for business development.
If the political crisis continues, the lost benefits will reach a threshold after which the Bulgarian business will begin to lose competitiveness due to growing deficits in education, healthcare, infrastructure, regional development and demographics...
We are moving towards the option of not having a quickly adopted budget for 2025, Lachezar Bogdanov, chief economist from the Institute for Market Economics, told BNR. In presenting the institute's alternative state budget, the..
Bulgaria and India will intensify their cooperation in various sectors of mutual interest. This was discussed at a meeting of the Bulgarian Minister of Economy Petko Nikolov with Ambassador of India to Bulgaria H.E. Sanjay Rana. The two focused..
Butter and vegetable oil are the products that have increased in price the most over the year. The retail price of vegetable oil will range between 3..
Rain / Snow
Cloudy
Rain
Snow
Wet snow
Scattered showers
Cloudy