Daily webcast

Bulgarian National Radio © 2021 All Rights Reserved

Bulgaria’s business climate worsens for the third consecutive month

Photo: archive

Business climate in Bulgaria has worsened in October. The business sentiment indicator deteriorated in the following sectors- industry, retail trade, services, etc. Business sentiment has remained steady only in construction. All managers forecast that prices will increase within the next 3 months, the National Statistical Institute announced. This is due to the uncertain economic environment, staff shortages and insufficient domestic demand.

The overall business sentiment indicator decreased by 2.3 points in October compared to September, when it decreased by 2.4 points. In October, the average capacity utilization remained at the July level - 74.2%. 


More from category

S&P confirm Bulgaria's credit rating with stable outlook

The S&P Global Ratings have confirmed Bulgaria's long-term credit rating of 'BBB/A-2', the Bulgarian Ministry of Finance reports. The medium-term economic consequences of the pandemic are manageable. Recovering domestic..

published on 11/30/21 11:15 AM

Electricity prices and National Electric Company’s profit hit record highs

Electricity prices in Bulgaria and other EU countries have been skyrocketing recently. Meanwhile, profits of the energy companies have also increased. According to latest financial statements, the profit of the state-owned National Electric..

published on 11/29/21 2:10 PM

Lack of qualified manpower and good infrastructure in Bulgaria deters potential investors

The European Bank for Reconstruction and Development lowered its forecast for the Bulgarian economy due to the low level of vaccination against the novel coronavirus and the political crisis. Does Bulgaria stand a chance to recover after..

published on 11/24/21 6:05 PM
Подкасти от БНР