In January, the overall business climate indicator rose by 6.9 percentage points in comparison to December. According to the National Statistical Institute, growth has been marked in all sectors - industry, construction, retail and services. Optimism comes from rising number of orders and improving condition of enterprises. However, the unstable economic environment remains a major problem for businesses. Most of the managers in all sectors of the economy expect that prices would keep their levels in the next 3 months.
Rise of the index has been reported for the first time since September. In January, it was 81.1 points compared to 79.1 points at the end of 2020. Eurostat reports that there has been a slight decline in consumer and business expectations in January.
IT is one of the leading sectors in terms of salary increases and interest by job seekers in Bulgaria. Before the pandemic all kinds of experts were being hired regardless of their expertise or practical skills, but now preference is given to people..
The Bulgarian National Bank (BNB) announced that it is lowering the base interest rate to 3.63% as of July 1. In May and June, the base interest rate was 3.78%. Bulgaria is in a currency board and the Bulgarian lev is pegged to the euro. Therefore,..
Bulgaria fulfils three of the Maastricht criteria for joining the euro zone, but still does not meet the price stability and inflation targets, according to a report by the European Commission, as quoted by BTA. Bulgaria does not currently meet the..
IT is one of the leading sectors in terms of salary increases and interest by job seekers in Bulgaria. Before the pandemic all kinds of experts were..
Partly Cloudy
Partly cloudy, chance of rain
Mostly Cloudy