December 30 (SeeNews) - Bulgaria's business climate indicator improved on a monthly comparison basis in December, the National Statistical Institute (NSI) said on Thursday.
The overall business sentiment indicator went up 2.6 percentage points (pp) in December, compared to November, due to increases in the construction, retail trade, and services indicators, the statistical office said in a monthly business climate survey.
The composite indicator in the services sector grew the most - by 5.9 pp month-on-month, which is due to the optimistic managers’ assessments and expectations about the business situation of enterprises. Managers' opinions about the demand for services over the next three months are also favourable, the NSI said.
The retail sector indicator increased by 4.9 pp and the business sentiment indicator in the construction sector added 3.3 pp.
The business sentiment indicator in the industry sector went down 0.7 pp month-on-month.