Bulgaria: Economic sentiment increases in August
Latest reading: Economic sentiment rose to 103.4 in August from July’s 103.2. Consequently, the index remained above the long-term average of 100, pointing to a positive near-term outlook for the economy.
The headline print reflected stronger sentiment in the industrial, services and construction sectors. Meanwhile, sentiment in the retail sector and among consumers waned in the surveyed month.
Regarding indicators that are not used to calculate the index, employment expectations were healthier, while the economic uncertainty index decreased in August.