Bulgaria: Economic sentiment rises in June
Latest reading: Economic sentiment came in at 104.0 in June, up from May’s 103.5. As a result, the index remained above the long-term average of 100, pointing to a positive near-term outlook for the economy.
The headline print reflected healthier sentiment in the construction, retail and services sectors, while sentiment deteriorated in the industrial sector. Finally, consumer confidence weakened in June.
Considering indicators that are not used to calculate the index, employment expectations strengthened, while the economic uncertainty index decreased in June.