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.
The Association of Bulgarian Tour Operators and Travel Agents (ABTTA) expects tourism growth in Bulgaria to slow down due to the unfavourable economic situation in many of its source markets. It is not yet clear what effect Bulgaria's accession to the..
The expected adoption of the single European currency from January 1, 2026 is one of the many topics dividing society. In addition to being a cause for political quarrels, the euro is also a cause for concern among some Bulgarian..
At the end of 2024, Bulgarians' wealth hit a record high of 1 trillion leva (€511.29 billion), which is five times higher than the gross domestic product. According to a study by the Expert Club on Economics and Politics, reported by BNR's Natalia..
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