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.