The industrial confidence indicator in Bulgaria rose to 23.3 in February 2023, accelerating from 22 in the previous month. It was the highest reading since May 2021, as entrepreneurs grew more optimistic about their expectations on the business situation of the enterprises over the next six months (15.3 vs 11.1 in December 2022) and production over the next three months (15.5 vs 12). At the same time, businesses were less pessimistic about export orders (-21.5 vs -21.2), orders (-19.2 vs -17.2) while stocks of finished goods turned favorable (0.4 vs -1.1). Meanwhile, prospects over the next three months regarding employment (5.5 vs 5.2) and selling prices (11.4 vs 19.4) decreased. source: National Statistical Institute, Bulgaria
Business Confidence in Bulgaria averaged 21.10 points from 1997 until 2023, reaching an all time high of 50.30 points in July of 2007 and a record low of -20.90 points in February of 1997. This page provides the latest reported value for - Bulgaria Business Confidence - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Bulgaria Business Confidence - data, historical chart, forecasts and calendar of releases - was last updated on March of 2023.