Monthly survey sees gloomier business climate in Bulgaria again in September 2018

A regular monthly survey among managers in Bulgaria has seen them with a gloomier opinion of the country’s business climate for the second consecutive month.

In September 2018, the total business climate indicator in Bulgaria dropped by 1.5 percentage points compared with August, when it dropped 2.9 percentage points compared with July, according to results released by the National Statistical Institute (NSI) on September 28.

The reason for the September 2018 decrease was the more unfavourable business climate in Bulgaria’s construction and service sectors, the NSI said.

The composite indicator “business climate in construction” dropped by 5.8 percentage points, as managers changed their expectations about the situations of their businesses from improving to remaining the same.

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(Photo: Steve McGrath/