The economic situation in the country has stabilized in 2022. Managers in all spheres continue to expect a rise in prices in the coming three months, the latest National Statistical Institute business climate report shows.
The growth forecasts in industry are for a 2.1 point rise in July compared to June, when the rise was by 1.7 points. The unstable markets and staff shortages remain a problem in the sector. Businesses have lower expectations in construction – by 2.9 points – which eradicates the 2.1-point growth in June. The growth outlook in retail trade is up by 0.7 points, after a 1 point rise a month earlier. In the service sector, the index is the same as in June.
The tariffs imposed on European goods by the Trump administration are expected to have both direct and indirect effects on Bulgarian exports. The Ministry of Economy and Industry has calculated the direct impact at €468 million, while..
The Celestial Empire, the “world’s factory”—that is China, the globe’s second-largest economy. The Asian powerhouse is actively expanding its economic reach worldwide, with the Belt and Road Initiative as the apogee of these efforts, through which..
The demand for employees increased by 5% in August, or by over 1,700 more offers compared to July, one of the largest HR companies in Bulgaria reported to BTA. But on an annual basis there is a decline of 7% , or by 3,100 offers. The "Trade..
Cloudy
Mostly Cloudy