site.btaTotal Business Climate Indicator in Bulgaria Improves in May

In May 2026, the total business climate indicator increases by 5.1 percentage points compared to the previous month (from 12.3% to 17.4%), as a growth of the indicator is registered in all observed sectors - industry, construction, retail trade and services, the National Statistical Institute announced on Friday.

In April 2026, the total business climate indicator fell by 1.3 percentage points compared to the previous month, with declines reported in industry, construction, and the services sector, according to NSI data.

In May, the composite indicator business climate in industry increases by 6.0 percentage points (from 12.4% to 18.4%), which is due to the optimistic industrial entrepreneurs’ assessments and expectations about the business situation of the enterprises. The composite indicator business climate in construction increases by 4.6 percentage points (from 11.4% to 16.0%) as a result of the improved construction entrepreneurs’ expectations about the business situation of the enterprises over the next 6 months. The composite indicator business climate in retail trade increases by 1.1 percentage points (from 24.8% to 25.9%), which is due to the positive retailers’ assessments about the present business situation of the enterprises. The composite indicator business climate in service sector increases by 7.8 percentage points (from 0.4% to 8.2%) as a result of the optimistic managers’ assessments and expectations about the business situation of the enterprises.