In March 2017, the Total Business Climate Indicator Up To 2.9% Compared to February

      Published on Thursday, 30 March , 2017      119 Views     

In March 2017, the total business climate indicator increased by 2.9 points compared to February,

which was caused by the improved business climate in the industry, construction, and retail trade, a statistic of the National Statistical Institute (NSI) shows.

The composite indicator “business climate in industry” went up 2.1 point compared to a month prior in result

of better evaluations and expectations of industry entrepreneurs about the business conditions of enterprises.

The composite indicator “business climate in construction” went up 8.0 points, due to the improved evaluations and expectations of construction entrepreneurs, and the composite indicator “business climate in retail trade” went up 2.4 point in result of the better evaluations and expectations of retail traders for the business conditions.

In March, the composite indicator “business climate in the service sector” retained its general level from the previous month. Managers were optimistic about the development of business, expecting for service demand to improve in the following three months.

The main factors hampering the activities of enterprises continued to be related to industry competition and the uncertain economic environment.

Category Bulgaria Business | 2017/03/30 latest update at 7:00 PM
Source : | Photocredit :
Comments Add comment

БГ Медия - Медия за Българите в Лондон
Bulgarian Business Club

Related Articles

The editorial staff of Bulgarian Business Club would like to give all of its readers from Bulgaria and the whole world the opportunity to participate actively in the development of the website! If you have something interesting, fun, scandalous - just something worth to be seen from more people. Capture it and share it in the Bulgarian Business Club with a short text.

Do you have information you want to reach our readers?

Send article/s

You can subscribe to our Facebook, Twitter or use our RSS feed channel to always read the most important news about Bulgaria.

Sponsored Publications