Bulgaria’s consumer confidence indicator decreased by 4.9 percentage points to -41.4 in the second quarter of 2022, the lowest since the second quarter of 2020, hampered by soaring prices and growth jitters due to the war in Ukraine. Consumers were more pessimistic regarding the financial situation for their households for the next 12 months (-39.4 vs -28.4 in Q1) and the economic situation of Bulgaria for the next 12 months (-46 vs -31). At the same time, inflation expectations increased (40.6 vs 35.7) while respondents were less likely to make major durable good purchases in the future (-52.6 vs -45.2). source: National Statistical Institute, Bulgaria

Consumer Confidence in Bulgaria averaged -34.07 points from 2001 until 2022, reaching an all time high of -17.70 points in the third quarter of 2001 and a record low of -54 points in the first quarter of 2010. This page provides - Bulgaria Consumer Confidence - actual values, historical data, forecast, chart, statistics, economic calendar and news. Bulgaria Consumer Confidence - data, historical chart, forecasts and calendar of releases - was last updated on July of 2022.

Consumer Confidence in Bulgaria is expected to be -40.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Bulgaria Consumer Confidence is projected to trend around -23.00 points in 2023, according to our econometric models.

Ok
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.

API Features Documentation Interested? Click here to contact us
Please Paste this Code in your Website
width
height
 Preview
Bulgaria Consumer Confidence



Calendar GMT Actual Previous Consensus TEForecast
2022-02-04 09:00 AM Q1 -36.5 -38.2 -30
2022-05-09 08:00 AM Q2 -41.4 -36.5 -40
2022-08-05 08:00 AM Q3


Related Last Previous Unit Reference
Consumer Confidence -41.40 -36.50 points Jun 2022
Retail Sales MoM -0.80 0.90 percent Apr 2022
Retail Sales YoY 5.70 9.60 percent Apr 2022
Consumer Spending 18296.84 22474.16 BGN Million Mar 2022

Bulgaria Consumer Confidence
In Bulgaria, the consumer survey is carried out 4 times a year on a rotational principle and covers around 1200 people from urban and rural areas. The questionnaire includes 15 questions relating to the financial situation of household, general economic situation in the country, consumer prices, unemployment, major purchases, household savings, financial situation of household, buying a car, buying or building a home and purchases for home improvements. All assessments of present situation or present tendency and all expectations refer to a 12-month-period of variable change.
Actual Previous Highest Lowest Dates Unit Frequency
-41.40 -36.50 -17.70 -54.00 2001 - 2022 points Quarterly

News Stream
Bulgaria Consumer Confidence Deteriorates in Q2
Bulgaria’s consumer confidence indicator decreased by 4.9 percentage points to -41.4 in the second quarter of 2022, the lowest since the second quarter of 2020, hampered by soaring prices and growth jitters due to the war in Ukraine. Consumers were more pessimistic regarding the financial situation for their households for the next 12 months (-39.4 vs -28.4 in Q1) and the economic situation of Bulgaria for the next 12 months (-46 vs -31). At the same time, inflation expectations increased (40.6 vs 35.7) while respondents were less likely to make major durable good purchases in the future (-52.6 vs -45.2).
2022-05-09
Bulgaria Consumer Confidence Improves in Q1
Bulgaria’s consumer confidence indicator increased by 1.7 percentage points to -36.5 in the first quarter of 2022, as consumers were less pessimist over next 12 months regarding general economic situation (-31 vs -36.7 in Q4); intentions for making major purchases for durable goods (-30.9 vs -33); and unemployment (30.3 vs 32.6). Moreover, inflation expectations over the next year reduced (35.7 vs 53.9). On the other hand, consumers were more concerned about household’s financial situation (-23 vs -22) and their household savings (-61.6 vs -61.4).
2022-02-04
Bulgaria Consumer Confidence Deteriorates in Q4
Bulgaria’s consumer confidence indicator decreased by 10.8 points to -38.2 in the fourth quarter of 2021, amid lower expectations over next 12 months regarding general economic situation (-36.7 vs -23.4 in Q3); households’ financial situation (-22 vs -10.4); household savings (-61.4 vs -56.8) and intentions for making major purchases for durable goods (-33 vs -30.6). Moreover, consumers were more concerned about next year’s unemployment (32.6 vs 19.2) and their inflation expectations over the next year also increased (53.9 vs 42.9).
2021-11-05