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

Joint BSP-Vazrazhdane briefing, parliament building, 15 November, 2024

BSP and Vazrazhdane want president’s rights to form caretaker cabinets restored

“Bulgarian Socialist Party-United Left (BSP) and Vazrazhdane have collected 55 signatures for approaching the Constitutional Court in a bid to restore the president’s rights to form caretaker cabinets,” said Borislav Gutsanov at a joint briefing with..

published on 11/15/24 11:32 AM
Petya Ivanova,

Protest in Sofia demands punishment for perpetrators of road crimes

One more protest by friends and relatives of people who lost their lives in road accidents took place in front of the Central Courthouse in Sofia, and then moved to the space in front of parliament building.   Parents of children killed in..

published on 11/15/24 11:10 AM
ГКПП „Капитан Андреево“

Freight traffic suspended between Bulgaria and Türkiye for 12 hours for technical reasons

From 9 PM on 16 November until 7 AM on 17 November, the Turkish customs administration is suspending the processing of freight carrying vehicles at the border check points with Bulgaria at Lesovo and Kapitan Andreevo for the implementation of the new..

published on 11/15/24 9:56 AM