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%.
The Bulgarian National Bank (BNB) has revised upwards its expectations for Bulgarian economic growth in 2025 but lowered its GDP growth forecast for 2026, it transpired from the Bank's regular quarterly Macroeconomic Forecast. In its March..
Bulgaria’s debt for 2024 amounts to BGN 48.846 billion (EUR 24 billion), or 24.1% of the country’s GDP, preliminary data from the National Statistical Institute (NSI) show. In 2023, the country's debt was BGN 42.383 billion (EUR 20.8 billion), or..
A working individual living in a one-person household needs a net monthly income of 1,521 BNG (EUR 747) to cover basic needs. A three-member household needs 2,738 BGN (EUR 1,344). The income needed to cover minimum living costs increases by..
The Bulgarian National Bank (BNB) has revised upwards its expectations for Bulgarian economic growth in 2025 but lowered its GDP growth forecast for..
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