NW 12:50:32 27-02-2015
SN1250NW.113
113 ECONOMY - STATISTICS - BUSINESS CLIMATE

Total Business Climate Indicator
1.2 Points Up
Compared to January 2015


Sofia, February 27 (BTA) - In February 2015 the total business
climate indicator increased by 1.2 percentage points compared
to the previous month, which is due to the improved managers'
opinions in industry, construction and retail trade.

The composite indicator "business climate in industry" increased
by 2 .4 percentage points in comparison with January due to the
more favourable industry entrepreneurs' assessments and
expectations about the business situation of the enterprises.
However the present production activity is assessed as slightly
decreased, while in the expectations about the activity in the
branch over the next three months some improvement has been
observed.

In February the composite indicator "business climate in
construction" increased by 1.8 percentage points, which is due
to the improved construction entrepreneurs' expectations about
the business situation of the enterprises over the next six
months. Their forecasts with regard to the construction activity
over the next three months were also more optimistic, as the
inquiry also reported a decrease in the number of the clients
with delay in payments.

The composite indicator "business climate in retail trade"
increased by 2.3 percentage points compared to January due to
the optimistic retailers' expectations about the business
situation of the enterprises over the next 6 months. At the same
time their prognoses for the volume of sales and orders placed
with suppliers over the next three months were improved.

In February the composite indicator "business climate in service
sector" decreased by 3.0 percentage points, which is due to the
more unfavourable managers' assessments and expectations about
the business situation of the enterprises. Their opinions
concerning the present demand for services were more reserved,
while their expectations over the next 3 months were improved.
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