In October 2024, the total business climate indicator decreased by 5.6 percentage points compared to September, dropping from 22.5% to 16.9%. The index declined in all monitored sectors, the National Statistical Institute announced. In industry, the indicator decreased with 5 percentage points, from 18.3% to 13.3%, due to more negative assessments and expectations from entrepreneurs regarding a reduction in orders, exports and production activity over the next three months.
In construction, the indicator decreased by 2.2 percentage points from 23.4% to 21.2%. The sector also anticipates a contraction in orders.
In retail trade, the indicator decreased by 11.6 percentage points, from 35.2% to 23.6%.
In the services sector, it decreased by 3.8 points, from 17.2% to 13.4%.
Common problems in all sectors are the uncertain economic environment, staff shortages and rising prices of consumables and raw materials.
From March 9 to 11, 2025, Inter Expo Center in Sofia plays host to the 41st edition of Holiday & SPA Expo. The event, organized with the support of the Bulgarian Ministry of Tourism, traditionally becomes a meeting point for leading experts,..
The budget for 2025 is feasible and will likely be the last one in Bulgarian leva, Minister of Finance Temenuzhka Petkova said in an interview with bTV. The draft law on the state budget for 2025 has been prepared without increasing existing..
A Bulgarian-Ecuadorian Business Forum will be held in Bulgaria, jointly organized by the Bulgarian Chamber of Commerce and Industry and the Pro Ecuador office in Italy, accredited for Bulgaria. The event will take place on March 13, 2025 at the..
The preparation of the non-banking financial sector for the introduction of the euro is at a very advanced stage and a significant part of it has..
sunshine, cloud, rain and thunder
Partly cloudy, chance of rain
Partly Cloudy
Mostly Cloudy