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Bulgaria’s business climate improves despite uncertain economic environment

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Bulgaria’s business climate index saw 0.6% increase in November, as compared to the previous month. This was due to the increased confidence amidst the managers in the industry and retail trade, a survey of the National Statistical Institute shows. The uncertain economic situation is again a problem to all sectors- industry, construction, trade, services, etc. There are growing expectations of lower demand and orders. As a result, the managers of the surveyed companies are not planning to increase prices.




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