Market Insights
Bulgaria: Business Climate Weakens in October as Producer Prices Rise 20.9% Year on Year

Bulgaria’s National Statistical Institute (NSI) published two sets of business data in the last week of October 2026.

Business climate, October 2026

On 29 October the NSI reported that the overall business climate indicator fell by 2.1 points compared with September, from 15.3% to 13.2%. It declined in industry (by 2.8 points, from 16.9% to 14.1%) and in services, where the drop was 6.9 points, while construction stayed roughly unchanged (from 9.3% to 9.7%) and only retail trade improved (by 1.2 points, to 26.5%). Industrial managers named the uncertain economic environment and labour shortages as the main obstacles to their business.

Producer prices, September 2026

On 30 October the NSI reported that the total producer price index in industry rose by 2.6% in September compared with August and was 20.9% higher than in September 2025. On the year, prices rose by 69.4% in mining and quarrying, by 26.7% in electricity, heat and gas supply, and by 10.6% in manufacturing.

Source: National Statistical Institute (NSI) – business tendencies; NSI – producer prices