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NSI: Business climate in Bulgaria deteriorates in May

Photo: BGNES

In May 2022, the total business climate indicator decreased by 0.7 percentage points in comparison with April as a result of the more unfavourable business climate, the National Statistical Institute (NSI) said.

The industry indicator was down by 0.8 percentage points, due to the uncertain economic environment and labour shortages.

In Bulgaria’s construction sector, the indicator dropped by 3.6 percentage points, due to fewer contracts, rising prices of construction materials and shortage of workpower.

In the retail sector, the indicator was down by 2.2 percentage points, due to rising prices and lower demand.




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