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Sharp deterioration of business climate registered in April

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In April, the overall business climate indicator in Bulgaria has fallen by nearly 42 points from its March level and is 37 points below the long-term average over the past decade. Compared to February 1997, when the long-term minimum was marked, the current level is just 4.4 points higher, the NSI reported.

Uncertainty and pessimistic assessments for the situation in the next three months are a major problem in all the industries observed. In the first four months of the year, the average capacity utilization declined by 10.1 points to just 67.9%.


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