Bulgaria Consumer Mood Worsens to Over 2-Year Low

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Bulgaria’s consumer confidence dropped to -25.1 in the fourth quarter of 2025 from -21.1 in the previous three month. This marked the lowest reading since the third quarter of 2023, as consumers continued to be pessimistic regarding the financial situation for their households (-21.6 vs -16.8 in Q3), and the economic situation of Bulgaria for the next twelve months (-36.2% vs -31.6%). In addition, households were less likely to make major purchases for durable goods in the present (-31.1% vs -25.7%), and current assessments on saving propensity were more negative (-40.2% vs -33.4%). Moreover, concerns heightened for unemployment for the next twelve months (23.5% vs 15%). Meanwhile, concerns for inflation softened (33.2% vs 33.6%).

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