Bulgarian business sentiment improves again in June – poll

Bulgarian business sentiment improved again in June 2016, rising by 0.9 percentage points compared to May, the National Statistical Institute (NSI) said on June 28.

The monthly polls by the NSI in 2016 have seen the business sentiment poll showing increases in optimism in January, February, March and May, the exception having been April, when there was a slight downturn.

In June 2016, the total business climate indicator rose as a result of improved sentiments in the industry, retail trade and services sectors.

The business climate in industry indicator rose by 0.8 percentage points in comparison with May 2016, with managers in the sector more optimistic about the current business situation, although their opinions about present production activity were more reserved. However in turn, at the same time their expectations about the coming three months were improved.

For managers in industry, the main problem remained the uncertain economic environment, the NSI poll found. Close to half of those polled cited this as a negative factor.

business climate to June 2016

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