In October 2024, the total business climate indicator decreased by 5.6 percentage points compared to September, dropping from 22.5% to 16.9%. The index declined in all monitored sectors, the National Statistical Institute announced. In industry, the indicator decreased with 5 percentage points, from 18.3% to 13.3%, due to more negative assessments and expectations from entrepreneurs regarding a reduction in orders, exports and production activity over the next three months.
In construction, the indicator decreased by 2.2 percentage points from 23.4% to 21.2%. The sector also anticipates a contraction in orders.
In retail trade, the indicator decreased by 11.6 percentage points, from 35.2% to 23.6%.
In the services sector, it decreased by 3.8 points, from 17.2% to 13.4%.
Common problems in all sectors are the uncertain economic environment, staff shortages and rising prices of consumables and raw materials.
The government has submitted to Parliament a draft bill to amend and supplement the Law on the Introduction of the Euro in Bulgaria. The proposed changes aim to improve the regulatory framework related to the dual display of prices for goods and..
The ratio of government debt to gross domestic product (GDP) in EU countries rose to 81.8% at the end of the first quarter of 2025 , up from 81% at the end of the fourth quarter of 2024. This is according to the latest data published today by the European..
If they had the opportunity, 85 per cent of workers in thermal power plants and coal mines in the Stara Zagora, Pernik and Kyustendil regions would remain in the energy sector. These results are from a survey conducted by the Confederation of Independent..
Mostly Cloudy
Clear
sunshine, cloud, rain and thunder
Partly Cloudy