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Bulgaria's business sentiment improves m/m in May

Bulgaria's business sentiment improves m/m in May Author: Municipality of Sofia. Licence: All rights reserved.

SOFIA (Bulgaria), May 30 (SeeNews) - Bulgaria’s business sentiment index rose by 1.3 percentage points (pp) month-on-month in May, the National Statistical Institute (NSI) said on Thursday.

Business sentiment improved most in the construction sector - by 6.7 pp, the office of statistics said in a monthly business climate survey, in which managers of 4,200 enterprises were interviewed.

The retail trade sector saw a rise of 2.1 pp of the index, while the business sentiment in the manufacturing sector was little changed from its April reading.

Business sentiment in the services sector worsened by 2.2 pp due to mostly unfavourable assessments of the current state of business.