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Bulgaria CCI Declines

Bulgaria CCI DeclinesBulgaria CCI Declines

In April 2017 the total confidence index among Bulgarian consumers declined by 1.6% compared to the level of three months ago, according to the National Statistical Institute, Novinite.com reported. The trend is entirely due to decreased

confidence among the urban population. Not only are the opinions about the development of the general economic situation in the country negative in the last twelve months, but also expectations for the next year. In comparison to three months earlier,

estimates of consumer price changes are more unfavorable, which raises inflation expectations for the next twelve months, it was reported.

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