Survey Finds Slight Decline in Consumer Confidence in Bulgaria – The Sofia Globe

In October 2022, the overall indicator of consumer confidence in Bulgaria fell by 0.6 percentage points compared to July, the National Statistical Institute (NSI) said on November 4, reporting the results of a regular three-month survey.

The decline was entirely due to the drop in confidence among urban residents, the NSI said.

Consumers said that the general economic situation in Bulgaria had deteriorated slightly since the last survey and people living in cities expected this trend to continue in the next 12 months.

With regard to the financial situation of households in the past 12 months, city dwellers were less pessimistic, rural dwellers more reserved.

People living in both urban and rural areas are more pessimistic about unemployment in Bulgaria in the next 12 months.

In October, most consumers saw the economic situation in Bulgaria as unfavorable for saving.

They were also negative on intentions to spend on major durable goods purchases over the next 12 months.

(Photo: Carsten Gueth/freeimages.com)

Please support independent journalism by clicking the orange button below. For as little as €3 a month or the equivalent in other currencies, you can support The Sofia Globe through patreon.com.

Become a patron!

About admin

Check Also

Sofia Vergara’s slimming joggers are on sale at Walmart

We all know that Sofia Vergara is beautiful and hilarious, but did you know that …