Business climate in Bulgaria improved in May 2017

The National Statistical institute says that in In May 2017, the business climate in Bulgaria increased by 3.2 percentage points in comparison with April, due to more optimism in all sectors: surveyed – industry, construction, the retail trade and services.
In the construction sector, the indicator went up by 2.9 percentage points.
However, the NSI noted, the most recent study shows also an increase in the number of clients of the construction sector who had delayed making payments.
About the retail trade, the indicator climbed by 5.6 percentage points, with volume of sales expected to increase both from the domestic and foreign markets over the next three months.
In May, the indicator in the service sector increase by 4.7 percentage points, as managers had more favourable opinions about demand for services.
(Source: IBNA)

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