Business climate in Bulgaria moves down

The overall index of business climate in Bulgaria this month marks a downward movement compared to its February level by 1.8 points, the National Statistical Institute announced.

This downward tendency is due to the unfavorable business climate in industry, construction works and retail trade. The major drawbacks for the development of business are insecure economic medium and insufficient internal demand. Entrepreneurs, however, expect business climate and production activity to improve in the coming months.

Adapted from Bulgarian National Radio