Podcast in English
Text size
Bulgarian National Radio © 2023 All Rights Reserved

Year-end data optimistic for business climate

National Statistical Institute
Photo: BGNES

In November 2022, the country's business conditions improved, erasing the deterioration reported in October. 

A more favorable business climate is reported in all sectors, according to the latest survey of the National Statistical Institute. Total business climate indicator rose by 3.7 points in November after a 1.7-point decline in October. 

In industry, the increase was 0.8% after a 1.3-point drop a month earlier. In construction, growth was 2.2 points after a 1.4 point increase in October. The biggest increase was in trade at 8.7 points, offsetting a 5.2 point decline in October. In the services sector, the increase in the index was also significant at 5.3 points after a decline of 2.3 points a month earlier.

Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

NSI survey: More than 20% of producers anticipate price increases

In January, the country's business climate remained roughly at its December 2022 level , a survey conducted by the National Statistical Institute shows. More favourable business climate was reported in industry and retail, and some deterioration - in..

published on 1/30/23 5:45 PM

Construction of the Bulgaria-Sеrbia gas interconnector starts

The construction of the Bulgaria-Serbia gas interconnector on Bulgarian territory starts on February 1 , the Bulgarian presidential administration said.  Bulgarian and Serbian Presidents Rumen Radev and Aleksandar Vucic will participate in the..

published on 1/30/23 2:56 PM

Austrian company expands winter sports hardware production with new plant in Asenovgrad

One of the largest Austrian ski equipment manufacturers in the world , based in the ski resort of Chepelare, will build a new plant in the nearby town of Asenovgrad, Bulgaria. Production is expected to start by the end of 2023. According to managing..

published on 1/29/23 7:30 AM