Text size

Uncertain economic environment remains the biggest hurdle for entrepreneurs

published on 12/30/22 4:02 PM

Photo: Pixabay

The overall business climate indicator increased by 1.0 percentage points in December compared to the previous month, the monthly survey of the National Statistical Institute (NSI) shows. Industry and retail trade saw an increase, construction maintained its levels, while the services sector saw a decline. The uncertain economic environment remains the most serious challenge to business development.

As a result of industrial entrepreneurs' more positive expectations for the next six months, the "business climate in industry" indicator increased by 2.5 points. However, construction contractors have reserved expectations for the next three months.

The "retail business climate" indicator increased by 0.7 points. The positive assessment is mainly related to the sales volume in the last three months as well as to the expectations for the next three months. In contrast, in the services sector this indicator decreased by 1.1 points.

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

Radio Bulgaria Economy business climate indicator National Statistical Institute

More from category

Bulgarian company is among the leaders in lavender oil production

Bulgaria is among the largest producers of lavender oil in the world. Nearly 100% of it is export-oriented. The highest demand is in the USA, Germany, France, Austria, The Netherlands, India, Great Britain, Spain, Canada, Marocco,..

published on 4/7/24 8:50 AM

NSI President Assoc. Prof. Dr. Atanas Atanasov

Cumulative inflation for the last 3 years is 30%, NSI President says

The National Statistical Institute (NSI) expects a high evaluation from the inspection of the Organisation for Economic Co-operation and Development (OECD), said NSI President Assoc. Prof. Dr. Atanas Atanasov. A report will be released by the end..

published on 3/31/24 4:25 PM

Each of us is a potential investor, even with a small amount of our salary

In the modern world, it is no longer enough to know the individual monetary units of countries and to know how their currencies relate to the Bulgarian lev. Converting leva into euros and vice versa is not part of financial literacy in today's extremely..

published on 3/27/24 10:43 AM

WEATHER

Pick city: Sofía

Overcast, rain
Min: 1 | Max: 13

BULGARIA IN PICTURES

Which world-famous Bulgarian artist designed QSL cards for Radio Bulgaria?

Dimitar Radev: Joining the Eurozone later in 2025 is a possible scenario

Joining the Eurozone later in 2025 is a possible scenario, and at this stage, it is a more likely one, Bulgarian National Bank Governor Dimitar Radev..

published on 4/18/24 10:27 AM

Share