Bulgaria - Confianza Empresarial

The industrial confidence indicator in Bulgaria rose to 21.1 in November 2019 from 20.8 in the previous month which was the lowest reading since April 2016. Main improvements were seen in the current level of finished goods (2.0 vs 0.4 in October) and prospects regarding business situation in the next six months (12.7 vs 9.9) as well as for production in the next three months (10.0 vs 9.4). In contrast, the opinion was less favourable about present business situation (30.2 vs 32.8); present production activity (2.6 vs 6.7); new orders (-18.8 vs -15.1) and export orders (-33.6 vs -26.7).

The industrial confidence indicator in Bulgaria declined to 20.8 in October 2019 from 21.8 in the previous month. This is the lowest reading since April 2016, amid decreases in export orders (-26.7 vs -25.3 in September) and stocks of finished goods (0.4 vs 0.6). Also, total orders remained subdued (-15.1 vs -16.2) while prospects over the next three months regarding business situation (9.9 from 11.5), production (9.4 from 11.4) and employment (-2.6 vs -1.8) deteriorated.

The industrial confidence indicator in Bulgaria declined to 21.8 in September 2019 from 23.9 in the previous month. This is the lowest reading since October 2016, amid decreases in total orders (-16.2 vs -15.4 in August), export orders (-25.3 vs -21.8) and stocks of finished goods (0.6 vs 0.9). In addition, prospects over the next three months regarding business situation (11.5 from 16.0), production (11.4 from 14.2), selling prices (0.2 vs 1.3) and employment (-1.8 vs 0.5) deteriorated.

The industrial confidence indicator in Bulgaria fell to 23.9 in August of 2019 from 24.7 in the previous month. It was the lowest reading since November of 2016, as prospects for selling prices over the next three months fell to 1.3 from 4.0 in July. Meanwhile, expectations over the next three months regarding production (14.2 from 13.4) and employment (0.5 from -3.1) improved while prospects for the business situation over the next six months increased to 16.0 from 15.3.

The industrial confidence indicator in Bulgaria fell to 24.7 in July 2019 from 26.4 in the previous month. It was the lowest reading since December of 2018, as expectations over the next three months regarding production (13.4 from 17.1 in June) and employment (-3.1 from -0.7) deteriorated while prospects for the business situation over the next six months declined to 15.3 from 17.2. Meanwhile, prospects for selling prices over the next three months rose to 4.0 from 3.7.

The industrial confidence indicator in Bulgaria edged down to 26.4 in June of 2019 from 27.5 in the previous month. Expectations over the next three months regarding production (17.1 from 18.9 in May); selling prices (3.7 from 4.3) and employment (-0.7 from -0.5) deteriorated. Also, prospects for the business situation over the next six months declined to 17.2 from 21.3.