Bulgaria: Economic sentiment hits highest reading since May 2018 in September
Latest reading: Economic sentiment rose to 107.5 in September from August’s 105.8. September’s result marked the strongest sentiment since May 2018. Consequently, the index rose further 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, retail and construction sectors. Additionally, confidence both among consumers and in the services sector strengthened in September.
Relating to indicators that are not used to calculate the index, employment expectations were healthier, while the economic uncertainty index increased in September.