Bulgaria's business climate worsens in Sept

Analysis

Graphic by Myvector / Shutterstock.com

Bulgaria's business climate indicator worsened on a monthly comparison basis in September, the National Statistical Institute (NSI) said on Wednesday. Decreases are observed in the construction, retail trade, and industry indicators, the Sofia-based agency said, according to a report by SeeNews.

The composite indicator in the construction sector declined the most by 7.3 percentage points month-on-month, as a result of the more pessimistic construction entrepreneurs' assessments and expectations about the business situation of their enterprises.

The business sentiment indicator in the retail trade sector decreased by 2.6 pp in September. The industry sector indicator went down 0.9 percentage points. 

ADVERTISEMENT

80% plan to spend less due to inflation Figures

80% plan to spend less due to inflation

Lawmakers postpone expanded data provision for tourism secto... Parliament

Lawmakers postpone expanded data provision for tourism secto...

Dóra Petrányi to co-head CMS Tech, Media, and Comms Group Appointments

Dóra Petrányi to co-head CMS Tech, Media, and Comms Group

Budapest targets tourists with public transport fare hikes City

Budapest targets tourists with public transport fare hikes

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.