Business climate in Bulgaria is improving

06.07.2016
Business climate in Bulgaria is improving

After a steady rise in the business climate in May, in June the indicator is growing again, albeit with less. This becomes clear from data of the NSI.

In June 2016 the total business climate indicator rose by 0.9 points compared to May as an increase was recorded in all sectors except construction.

As regards the selling prices retailers provide preservation of their level over the next three months. In June, the composite indicator "business climate in service sector" increases by 3.9 percentage points mainly due to more optimistic managers' expectations about the business situation of enterprises over the next six months.

Businesses, however, is reserved on manufacturing activity. The main problem for business development for nearly half of all entrepreneurs the uncertain economic environment. Managers provide yet keeping the price level of goods across the next three months.

According to representatives of the business community, the main brakes on overall business development in our country competition in the industry, the uncertain economic environment and the insufficient demand.

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