Bulgaria consumer confidence improves in Q1
Photo by Fizkes / Shutterstock.com
Bulgaria's consumer confidence index rose by 1.7 percentage points (p.p.) in January compared to its reading recorded three months earlier, the National Statistical Institute (NSI) said on Friday.
Consumer confidence among rural and urban population rose by 4.1 p.p. and 0.7 p.p., respectively.
Consumers' opinions about the development of the general economic situation in the country over the last 12 months was little changed compared to the previous survey.
Regarding the expectations for the next 12 months, however, the survey found a reduction in the pessimism in the opinions of both urban and rural population, the Sofia-based statistics agency said.
Consumers' assessments of the changes in the financial situation of their households over the last 12 months also were less negative in January, while expectations for the next 12 months slightly deteriorated. Unemployment over the next 12 months it forecast to remain unchanged or slightly decline, it said.
SUPPORT THE BUDAPEST BUSINESS JOURNAL
Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.