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

Bulgaria’s Anti-Corruption Commission probes 'Velichie' party in major property fraud case

Bulgaria’s Anti-Corruption Commission is investigating a large-scale property fraud and money laundering scheme connected to the 'Historical Park', which is associated with Ivelin Mihaylov, the leader of the Velichie party. Those arrested include the..

published on 11/26/25 2:30 PM

Borissov cites EU defence adjustment to claim a 2026 deficit of 2.7%

The ruling party and the opposition argued about the procedure for the Budget Committee meeting before the final vote on the 2006 budget . Assen Vassilev, chairman of the We Continue the Change party, attempted to block the committee’s extraordinary..

published on 11/26/25 2:15 PM

Agriculture and forestry workers protest for higher salaries

Employees in the agriculture and forestry sector staged a protest in front of the Parliament, demanding higher salaries for workers in departments that are secondary budget administrators. The protest was organized by the National Federation of..

published on 11/26/25 12:34 PM