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.
Until the end of 2024, businesses will continue to receive compensations for high electricity prices. They will be 100% after a price of over 90 euros per megawatt hour on the stock exchange. The previous threshold was 100 euros. The..
Deposits in banks for the first quarter of 2024 have reached a record level of 75.4 billion euros. From January to March, deposits grew by EUR 1.35 billion or by 1.8%. The rise is mainly due to increased household deposits, the..
Although bilateral trade reached nearly $4 billion last year, there are still untapped opportunities to further increase Bulgarian exports to China. This was made clear at a meeting between the Minister of Economy and Industry, Mr. Petko Nikolov, and..
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