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Year-end data optimistic for business climate

published on 11/29/22 2:43 PM

National Statistical Institute

Photo: BGNES

In November 2022, the country's business conditions improved, erasing the deterioration reported in October.

A more favorable business climate is reported in all sectors, according to the latest survey of the National Statistical Institute. Total business climate indicator rose by 3.7 points in November after a 1.7-point decline in October.

In industry, the increase was 0.8% after a 1.3-point drop a month earlier. In construction, growth was 2.2 points after a 1.4 point increase in October. The biggest increase was in trade at 8.7 points, offsetting a 5.2 point decline in October. In the services sector, the increase in the index was also significant at 5.3 points after a decline of 2.3 points a month earlier.

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Radio Bulgaria Economy business climate improvement National Statistical Institute November 2022 NSI Total business climate indicator