Bulgaria’s business confidence indicator rose to 26.7 in May 2023 from 24.8 in the previous month. It was the highest reading since May 2021, as entrepreneurs grew more optimistic on the current business situation of the enterprises (41 vs 36 in April), their expectations on the production over the next three months (16.2 vs 11.2) and employment for the upcoming three months (8.6 vs 7.5). Additionally, they were less pessimistic about new orders (-16.4 vs -17.5) and export orders (-21.9 vs -22.2). Concerning selling prices, companies expect them to remain unchanged over the next three months. source: National Statistical Institute, Bulgaria
Business Confidence in Bulgaria averaged 21.14 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 June of 2023.