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

One in Five Foreign Workers in Bulgaria Is Uzbek

Illegal recruitment agencies in Uzbekistan are sending workers to Bulgaria with promises of salaries of 5,000 leva (€2,560) . The reality often discourages them from staying, leaving employers at a loss. Officials, employer organisations and businesses..

published on 11/13/25 8:34 PM

Unions call Bulgaria’s 2026 Budget a “compromise, but feasible"

In an unprecedented move, the Bulgarian government approved the 2026 state budget draft at its meeting toda y without the agreement of employers’ organisations. Tsvetan Simeonov, President of the Bulgarian Chamber of Commerce and Industry, said that..

published on 11/13/25 8:14 PM

Sofia hosts the Global Women Leaders Forum 2025

Today, Sofia will host the fifth edition of the Global Women Leaders Forum. The event is organized by the Council of Women in Business in Bulgaria. Themed “Fast and Furious Changing World: Women in the Driving Seat”, the 2025 edition of the forum..

published on 11/13/25 5:50 PM