Bulgarian Consumers Grow More Optimistic

Society | November 2, 2002, Saturday // 00:00

Some 63.9 percent of Bulgarians say they hardly "make ends meet," while 18.9 percent say they are "slipping deep into debt." This figures feature in a consumer survey conducted by the National Statistical Institute (NSI) in October. 70 percent of respondents said it is "practically impossible" for them to save money over the oncoming twelve months. However, the survey shows that consumer optimism has increased compared to data gathered three months ago. The general perception of the financial capacity of households improved by 5.4 points. The number of those running into debt dropped by 5.2 percent, and money savers increased by 2.1 percent. In October, consumer perception of the domestic economic environment was more positive than in July - expectations about inflation and unemployment levels were more optimistic.

We need your support so Novinite.com can keep delivering news and information about Bulgaria! Thank you!

Society » Be a reporter: Write and send your article

Advertisement
Advertisement
Bulgaria news Novinite.com (Sofia News Agency - www.sofianewsagency.com) is unique with being a real time news provider in English that informs its readers about the latest Bulgarian news. The editorial staff also publishes a daily online newspaper "Sofia Morning News." Novinite.com (Sofia News Agency - www.sofianewsagency.com) and Sofia Morning News publish the latest economic, political and cultural news that take place in Bulgaria. Foreign media analysis on Bulgaria and World News in Brief are also part of the web site and the online newspaper. News Bulgaria