The industrial confidence indicator rose to 19 in September 2022 from 18.5 in the previous month. Main improvements were seen in the current business situation (35.1 vs 34.1 in August) and total orders (-17.6 vs -18.9). In contrast, the opinion was less favorable about production (1.7 vs 4.6) and export orders (-24.8 vs -24.1). Meanwhile, prospects deteriorated regarding production in the next three months (8 vs 10.2) and unemployment in the next three months (6.1 vs 7.1) while improved in business situation over the next 6 months (4.9 vs 4.7). source: National Statistical Institute, Bulgaria

Business Confidence in Bulgaria averaged 21.11 points from 1997 until 2022, 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 October of 2022.

Business Confidence in Bulgaria is expected to be 17.20 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Bulgaria Business Confidence is projected to trend around 23.00 points in 2023 and 21.00 points in 2024, according to our econometric models.

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Bulgaria Business Confidence

Calendar GMT Actual Previous Consensus TEForecast
2022-08-30 08:00 AM Aug 18.5 21.9 20.5
2022-09-29 08:00 AM Sep 19 18.5 17.2
2022-10-28 08:00 AM Oct 19

Related Last Previous Unit Reference
Business Confidence 19.00 18.50 points Sep 2022
Industrial Production Mom 0.90 -0.70 percent Jul 2022
Industrial Production 17.70 17.70 percent Jul 2022
Manufacturing Production 12.10 16.50 percent Jul 2022
Changes in Inventories 2026.27 2087.57 BGN Million Jun 2022

Bulgaria Business Confidence
In Bulgaria, the business climate in industry measures the level of optimism that companies have about the performance of the economy and how they feel about their organizations’ prospects over the future. Business confidence surveys can provide useful signs about the current condition of the economy, because companies often have information about consumer demand sooner than government statisticians do.
Actual Previous Highest Lowest Dates Unit Frequency
19.00 18.50 50.30 -20.90 1997 - 2022 points Monthly