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.