Podcast in English
Text size
Bulgarian National Radio © 2024 All Rights Reserved

Bulgarians planning to make expensive purchases, although they expect recession

Photo: library

Despite the economic growth registered in Bulgaria, the local consumers fear that it would not last long and expect that their country would enter into a recession, data of a public opinion survey about the consumer climate in Europe in the second quarter of 2016 show. The economic expectations of the Bulgarian citizens dropped by 1.4% in the second quarter of 2016 against the backdrop of a 3% economic growth in 2015 and 2.9% growth in the first trimester of 2016. Meanwhile, their revenue expectations increased to 5.2 points, which is 11.8% increase as compared to the same period last year. In view of the constant decrease of unemployment levels and the stable economy, most Bulgarians believe that now is the perfect moment to purchase expensive items and services.




Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

Weather forecast: It will be warm on Sunday with low chance of precipiation

It will be sunny on Sunday with a temporary increase in cloudiness over the eastern parts of the country and the mountains in the afternoon . Daytime highs will range from 25°C and 30°C, for Sofia around 27°C. It will be mostly sunny over the..

published on 9/7/24 5:50 PM

Tsanko Tsankov swims 108 kilometers in the Danube River

Tsanko Tsankov became the first swimmer to cover a distance of over 100 kilometers in the Danube River. "Tsanko Tsankov did it! 108 kilometers and 250 meters in the Danube River – 18 hours, 12 minutes and 32 seconds! Non-stop swimming!..

updated on 9/7/24 4:41 PM

Iliana Iotova: The system of Bulgarian Sunday schools is one of the most successful policies for Bulgarians abroad

"Bulgaria is everywhere where Bulgarian is spoken, where there are Bulgarian associations and Bulgarian schools that preserve and develop the Bulgarian language and culture'', Vice President Iliana Iotova told the Bulgarian community in Barcelona...

published on 9/7/24 4:24 PM