Bulgarian Consumer Confidence Dips in July - Survey
- Tweet
Send to Kindle
Bulgaria’s consumer confidence index has dropped by 0.6 percentage points in July compared to April, mainly due to increased pessimism among the urban population.
While the consumers’ assessment of the economic situation in the country over the last 12 months was less negative in comparison with the previous inquiry,there was a degree of pessimism in their expectations about the next 12 months, the country’s statistical office NSI announced on Thursday.
The consumers continued to believe that consumer prices had risen over the last 12 months but the rate of increase was estimated as lower compared with the April survey. At the same time the consumers’ inflation expectations about the next 12 months increased, the NSI said.
The July survey also showed increased pessimism among consumers with regard to unemployment over the next 12 months.
The assessments and expectations of the consumers living in the cities with regard to the financial situation of the households have worsened in July compared with April, while optimism has increased among the rural population, according to the NSI.
Borissov Loses Patience: Political Bargaining Over Key Positions and Budget 2025
"Everyone wants positions – in regulatory bodies and ministries," he emphasized.
Toll Cameras in Bulgaria Now Track Speeding Violations
Bulgaria’s toll system now has the technical capability to track average vehicle speeds, as announced by the National Toll Management following a meeting with Regional Development Minister Violeta Koritarova.
Over 1.6 Million Bulgarians Earn Below Living Wage
The income required to cover living expenses for a working individual and a three-member family with a child under 14 has remained almost unchanged compared to June, according to an analysis by the Confederation of Independent Trade Unions in Bulgaria (CI
Bulgarian Government Approves Increase in Minimum Wage to 1,077 Leva (550 euro)
The Council of Ministers has adopted a resolution to set the minimum wage at 1,077 leva, reflecting a 15.
PM Glavchev: We Continue the Fight Against Fires, Protecting the Lives of People and Firefighters
Every 20 minutes, fire alerts are received from across Bulgaria.
Kiril Petkov on his Citizenship: I Do Not Feel Any Guilt
I feel no moral guilt towards anyone. This was stated by Kiril Petkov, answering a question whether he would apologize to the Bulgarian people for violating the Constitution.
