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.

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