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.
A working group comprising representatives of employers, trade unions and government experts is discussing the proposals of the Ministry of Labor and Social Policy for introducing a new mechanism to determine the minimum wage. This is happening a day..
“The main priorities businesses have – membership of the Eurozone and accession to the Schengen area by land – have receded to the background. They are the motors which can boost the economy, but the fact there is no regular government is an obstacle..
Bulgargaz has reported record interest in its tender for the supply of LNG to the Alexandroupolis terminal for January and February 2025. All nineteen bidders met the criteria set by the company and have been approved to participate in the next..
Butter and vegetable oil are the products that have increased in price the most over the year. The retail price of vegetable oil will range between 3..
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