Bulgarian consumer confidence increased between January and April 2018 - statistics institute

Bulgarian consumer confidence increased between January and April 2018 - statistics institute

Consumer confidence among Bulgarians was 1.8 percentage points higher in April 2018 than in January, the National Statistical Institute (NSI) said on May 9, reporting the findings a regular three-month survey.

Confidence was up among both city-dwellers and people living in rural areas, by one and 4.1 percentage points, respectively, the NSI said.

While consumers had a slightly more negative view about the development of the economic situation in Bulgaria over the past 12 months, their expectations about the next 12 months had improved.

Bulgarians living in cities had a certain optimism about the financial stiuations of their households, while people in country areas were slightly more negative than they had been three months before, the NSI said.

Consumers continued to consider that over the past 12 months, prices had gone up, but at a lower rate, compared with their assessments in January.

Bulgarian consumers expected that over the next 12 months, unemployment would remain the same or fall slightly.

Most Bulgarian consumers continued to see the economic situation in the country as unfavourable for savings, although the proportion who held this view had dropped.

There was a slight improvement in consumers believing that they would be able to buy durable goods in the next 12 months.

The survey, part of a programme of EU surveys, is done among Bulgarians older than 16, through face-to-face interviews, the NSI said.... / IBNA

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