Consumer Confidence Indicator in Bulgaria Increases in January

      Published on Sunday, 8 February , 2015      251 Views     

Consumer Confidence IndicatorIn January 2015 the total consumer confidence indicator increases by 4.8 percentage points as compared to October 2014, according to data of Bulgaria’s National Statistical Institute (NSI).

Among urban population, the increase amounts to 4.0 percentage points, while among rural population the increase stands at 7.3 percentage points.

Consumers’ opinions about the development of the general economic situation in the country over the past 12 months, as well as their expectations about the 12 months to come, are less negative compared to the previous survey.

Compared to October 2014, there is less pessimism in consumers’ evaluations of the changes in the financial situation of their households over the past 12 months, as well as in their expectations for the 12 months to come.

Consumers believe that there has been an increase in consumer prices over the past 12 months, although at a slower pace.

Meanwhile, their inflation expectations about the 12 months to come are more moderate compared to the opinions expressed three months earlier.

As regards unemployment in Bulgaria over the next 12 months, the level is expected to remain unchanged or register a minor decrease.

The latest survey registers a slight improvement by 3.3 percentage points in the total assessment of the current situation as regards costs for purchases of durable goods.

Consumers’ attitudes towards spending on buying a car over the next 12 months have also improved slightly.

Category Bulgaria Business | 2015/02/08 latest update at 1:00 PM
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