Bulgaria's consumer confidence indicator rose by 0.8 points to -37.7 in the fourth quarter of 2020, from the previous three-month period's reading of -38.5. The consumers’ total assessment of the development of the economic situation in the country over the last 12 months improved. At the same time, people living in the cities were optimistic about the country's situation over the next 12 months, as opposed the rural population which was slightly more pessimistic than it was three months ago. In addition, consumers were less pessimistic about changes in the financial situation of households over the last 12 months and in their forecasts about the next 12 months. The views on employment levels, however, deteriorated. source: National Statistical Institute, Bulgaria
Consumer Confidence in Bulgaria averaged -34.02 points from 2001 until 2020, 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 November of 2020.
Consumer Confidence in Bulgaria is expected to be -35.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Consumer Confidence in Bulgaria to stand at -27.00 in 12 months time. In the long-term, the Bulgaria Consumer Confidence is projected to trend around -26.00 points in 2021 and -23.00 points in 2022, according to our econometric models.