Consumer confidence in Bulgaria dropped to -24.4 in the first quarter of 2020 from -23.9 in the previous period. Consumers were more pessimistic regarding the country's economic situation over the next 12 months (-17.5 vs -14.6 in Q4), inflation (36.2 vs 35.3) and savings (-62.7 vs -61.4). On the other hand, they were slightly less concerned about unemployment (7.1 vs 9.1) and their own financial situation (-10.1 vs -10.6).
Consumer Confidence in Bulgaria averaged -33.82 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 April of 2020.
Consumer Confidence in Bulgaria is expected to be -24.40 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 -37.00 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.