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International Information Centre for Balkan Studies



Bulgaria’s total business climate indicator up 0.9 pp in March

In March 2015 Bulgaria’s total business climate indicator increases by 0.9 percentage points compared to the previous month due to the improved business climate in industry and service sector, show the data of Bulgaria’s National Statistical Institute.


Industry.

The composite indicator ‘business climate in industry’ increases by 2.3 percentage points in comparison with February which is due to the more favourable industry entrepreneurs’ assessments and expectations about the business situation of the enterprises.

Construction. In March the composite indicator ‘business climate in construction’ decreases by 3.6 percentage points due to the shifting of the construction entrepreneurs’ assessments about the business situation of the enterprises from ‘good’ towards ‘satisfactory’ (normal for the season).
Retail trade. The composite indicator ‘business climate in retail trade’ decreases by 1.0 percentage point compared to February which is due to the more moderate retailers’ assessments about the present business situation of the enterprises.

Service sector. In March the composite indicator ‘business climate in service sector’ increases by 4.4 percentage points mainly due to the improved managers’ expectations about the business situation of the enterprises over the next 6 months.

 

Source: Bulgarian media

 

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