Business climate in Bulgaria improved in January 2017 – poll

A regular monthly poll by Bulgaria’s National Statistical Institute (NSI) has found that managers held that the country’s business climate improved slightly in January 2017 in comparison with the previous month.

In January 2017, the total business climate indicator increased by 0.8 percentage points in comparison with December 2016, due to the improved business climate in industry and the service sector.

The composite indicator “business climate in industry” increased by 0.9 percentage points compared to December 2016 as a result of the optimistic industrial entrepreneurs’ expectations about the business situation of the enterprises over the next six months, the NSI said.

The poll also found some improvement in their assessments about the inflow of new orders, which was accompanied with more favourable expectations about production activity over the next three months.

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(Photo: Vangelis Thomaidis)