Bulgaria business climate rebounds in January 2015

Bulgaria’s overall business climate indicator, measured by the National Statistical Institute (NSI), recorded a strong rise in the first month of the year, as the business sentiment turned positive for only the second time in the past eight months.

In January, the business climate indicator rose by 3.8 percentage points, boosted by positive expectations in the construction, industry and services sectors, with only the retail sector remaining downbeat.

The construction business climate indicator posted the most dramatic change – recording an increase of 9.8 percentage points compared to the 8.2 percentage point drop in December 2014 – on the back of increased expectations about orders in the coming three months, as well as positive expectations for the overall health of the sector for the next six months.

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