Podcast in English
Text size
Bulgarian National Radio © 2025 All Rights Reserved

Bulgarians planning to make expensive purchases, although they expect recession

Photo: library

Despite the economic growth registered in Bulgaria, the local consumers fear that it would not last long and expect that their country would enter into a recession, data of a public opinion survey about the consumer climate in Europe in the second quarter of 2016 show. The economic expectations of the Bulgarian citizens dropped by 1.4% in the second quarter of 2016 against the backdrop of a 3% economic growth in 2015 and 2.9% growth in the first trimester of 2016. Meanwhile, their revenue expectations increased to 5.2 points, which is 11.8% increase as compared to the same period last year. In view of the constant decrease of unemployment levels and the stable economy, most Bulgarians believe that now is the perfect moment to purchase expensive items and services.




Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

Minister Borshosh: We are considering the creation of tourist police at the Black Sea coast

The summer tourist season in Bulgarian seaside resorts will officially open on May 31 in Pomorie, Minister of Tourism Miroslav Borshosh said in Burgas. “We are highly prepared to welcome it,” he added. The minister also..

published on 3/31/25 9:34 AM
Rescuers search for survivors with dogs at the site of a collapsed building after an earthquake in Bangkok, Thailand

No information about Bulgarians injured in Myanmar earthquake

There is no information about Bulgarian citizens injured in the Myanmar earthquake, which caused the collapse of a skyscraper in the Thai capital Bangkok, our Foreign Ministry reports. The Bulgarian Embassy in Hanoi, Vietnam, is monitoring the..

published on 3/30/25 5:53 PM

Cloudy and rainy start to the new week

On Monday, the cloudiness will be mostly significant with short-term rain showers and light wind. The minimum temperatures will be between 6°C and 11°C, in Sofia – around 6°C, and the maximum - between 11°C and 16°C, in Sofia – around 11°C. In..

published on 3/30/25 5:39 PM