Bulgaria’s business climate indicator drops again in July

Bulgaria’s business climate indicator dropped in July 2015, for the second straight month, after increases in the first five months of the year.

This is according to the results of a poll released on July 28 by the country’s National Statistical Institute (NSI).

In July 2015, the overall business climate indicator decreased by 1.8 percentage points compared to June, which was because of the more unfavourable business climate in the industry, retail trade and service sectors.

The industry indicator decreased by 2.9 percentage points in comparison with June, mainly due to managers’ worsening expectations about the business situation of the enterprises over the next six months.

Bulgaria's business climate indicator, 2000 to 2015. Source: NSI
Bulgaria’s business climate indicator, 2000 to 2015. Source: NSI

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