Text size

Consumer confidence and willingness to spend money is growing

published on 8/8/24 2:23 PM

Photo: BGNES

Consumer confidence rose by 5.6 points in July, according to a survey by the National Institute of Statistics. According to consumers, the general economic situation in Bulgaria has been improving over the past 12 months, and expectations for the next 12 months are also improving.

More positive compared to 3 months earlier are the assessments of changes in the financial situation of households.

Unemployment is expected to remain at the current level.

Respondents believe that there has been an increase in prices over the past 12 months, but it is less than in April.

In July, there was a slight improvement in saving conditions, and a more positive attitude to spending on durable goods such as a car, new home or home improvements was reported.

Previously, consumer confidence in April rose by 1.5 points.

Последвайте ни и в Google News Showcase, за да научите най-важното от деня!

Radio Bulgaria News consumer confidence savings spending

More from category

Civil activists await Europe's response to changes in the Education Act

More than 160 Bulgarian civil organizations, including the National Network for Children, have sent an open letter to a number of European institutions, organizations, embassies and diplomatic missions regarding the legislative changes banning..

published on 9/16/24 6:25 PM

The Central Election Commission and the Council of Ministers promise fair elections

The Central Election Commission and the Council of Ministers will work together to increase confidence in the electoral process and ensure transparency in the elections, the Central Election Commission’s Chairperson Kamelia Neykova said after a..

published on 9/16/24 5:42 PM

Unions, businesses and the government in Bulgaria fail to agree on poverty line

The National Council for Tripartite Cooperation held a meeting at which a draft decree of the Council of Ministers was considered on determining the poverty line for the country for 2025 . The Government proposes to raise the poverty line from 526 BGN..

published on 9/16/24 5:31 PM