Text size

Improved business climate recorded at the end of December

published on 12/31/24 9:53 AM

Photo: Pixabay

The overall business climate indicator in Bulgaria has increased in December by 1.7 points from 17 percent to 18.7% compared to November. An increase in the indicator was observed in the industry sector by 1.9 points, in retail trade by 5.7 points and in the services sector by 2.4 points. Only in construction a decrease was recorded by 3.5 points , according to the summarized estimates from the business survey of the National Statistical Institute on business attitudes in the Bulgarian economy at the end of 2024.

The uncertain economic environment and the shortage of labor continue to be the main obstacles to business development, with December reporting an increase in the negative impact of economic uncertainty, insufficient demand and rising prices of materials and raw materials.

Последвайте ни и в Google News Showcase, за да научите най-важното от деня!

Radio Bulgaria Economy business development shortage of labour

More from category

CITUB calls for the introduction of a national subsistence wage

The leadership of the Confederation of Independent Trade Unions in Bulgaria (CITUB) insists that a national subsistence wage be introduced in Bulgaria, with the minimum wage in the country reaching at least 80% of the subsistence wage by 2027. According..

published on 12/13/24 10:35 AM

Export to EU and non-EU countries declines

In the period January - September 2024, exports of goods from Bulgaria to the EU decreased by 3.6% compared to a year earlier and amounted to 20.895 billion euros. The main trading partners are Germany, Romania, Italy, Greece and..

published on 12/12/24 1:23 PM

Caretaker Minister of Energy Vladimir Malinov

Shell to explore for oil and gas in the Black Sea

Shell Exploration and Production (96) B.V , a subsidiary of Shell, will explore for oil and natural gas in Block 1-26 Khan Tervel, located in Bulgaria's exclusive economic zone in the Black Sea, announced Bulgaria's caretaker Minister of Energy..

published on 12/11/24 6:22 PM