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)
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