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

Rumen Radev

Survey: President Rumen Radev with highest approval rating

Out of all politicians in this country, President Rumen Radev enjoys the highest approval rating – 46.7% , followed by Prime Minister Rosen Zhelyazkov (18.9%), GERB party leader Boyko Borissov (15.9%), National Assembly Speaker Nataliya Kiselova..

published on 2/21/25 4:44 PM

74% of young doctors choose to remain in Bulgaria

For the third year running, the number of young doctors who want to remain in Bulgaria after graduation has been going up, indicate the results of a survey conducted among 224 Bulgarian students who graduated the Sofia Medical University’s medical..

published on 2/21/25 2:47 PM
Boyko Borissov, 21 February, 2025

GERB: US policy may pose a risk to Bulgaria’s economy

GERB leader Boyko Borissov told reporters that he supports the position of US President Donald Trump for peace in Ukraine, but that he insists on Bulgaria remaining loyal to its European partners. The policy of the new US administration may pose..

published on 2/21/25 2:35 PM