Bulgaria’s business sentiment index remained unchanged in Feb’24
29.02.2024
Source: NSI; FFBH
In February’24, the total business climate index preserved its level from the previous month. Industry (+0.7% MoM) advanced slightly during the month, while Services registered 2.9% MoM decrease. At the same time, Construction and Retail trade remained unchanged during the month. Retail trade’s most serious factors limiting activity are economic uncertainty, competition in the branch and insufficient demand. The biggest challenges facing the services sector are economic uncertainty and competition. The problem in the construction sector continues to be the uncertain economic environment, cost of materials and shortage of labour. The main problems facing the industry sector remain economic uncertainty and shortage of labour.