Bulgarian consumer confidence largely unchanged in October – poll

Consumer confidence among Bulgarians in October was largely unchanged since the previous poll in July, the National Statistical Institute (NSI) said on November 4.

This means that it remains well above the average for the regular surveys, measured since 2005.

The consumer confidence indicator is an arithmetic mean of the balances of the expectations about the development over the next 12 months of the financial situation of households, general economic situation, savings and unemployment.

Those polled saw a degree of positive change in the financial situation of their households over the past 12 months. Bulgarians living in villages expected that this positive tendency would continue over the next 12 months, but the urban population were more negative than they were in July 2016, the NSI said.


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(Main photo: Clive Leviev-Sawyer)