Financial and business news from Bulgaria

Statistics: Improvement in construction and services in February

In February the total business climate indicator increases by 1.8 percentage points compared to the previous month, the National Statistical Institute reported. Improvement of business conjuncture has been recorded in construction and service sectors, while in industry and retail trade the indicator remains approximately at its January level.
The composite benchmark “business climate in industry” remains approximately at its level from the previous month.

The indicator “business climate in construction” increases by 3.6 percentage points, which is due to the improved expectations of property developers for the business situation of enterprises over the next six months.The business climate in retail trade retains its approximately January level.

The composite indicator “business climate in the service sector” rises by 5.3 percentage points as a result of more favourable assessments and expectations of managers for the business situation of enterprises.

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