Consumer survey


Time series: Consumer_survey_en.xls

CONSUMER SURVEY - APRIL 2020
Name of indicators    
Consumer confidence indicator % -41.8
Assessment of the financial situation of households over the last 12 months balance -31.0
Expectations about the financial situation of households over the next 12 months balance -22.7
Assessment of the general economic situation in the country over the last 12 months balance -51.5
Expectations about the general economic situation in the country over the next 12 months balance -36.2
Assessment about inflation over the last 12 months balance 49.7
Expectations about inflation over the next 12 months balance 42.1
Unemployment expectations over the next 12 months balance 39.0
Assessment of the advantage of making major purchases of durable goods in the present situation balance -50.5
Intentions of making major purchases of durable goods over the next 12 months balance -36.4
Assessment of the present situation to save money balance -51.6
Consumer expectations about savings over the next 12 months balance -69.2
Assessment of households' budget balance -8.8
Intentions of buying a car over the next 12 months balance -81.1
Intentions of building or purchasing a home over the next 12 months balance -90.4
Intentions of spending a large sum of money on home improvements or renovations over the next 12 months balance -74.4
10.06.2020
Consumer survey
Contact
Contact organisation

National Statistical Institute

Contact organisation unit

Statistics on Tourism and Business surveys Department

Contact name

Hristina Terziyska

Contact person function

Chief expert

Contact mail address

2, P. Volov Str., 1038 Sofia, Bulgaria

Contact email address

[email protected]

Contact phone number

+359 2 9857 628

Contact fax number
Metadata update
Metadata last certified18 September 2017
Metadata last posted18 September 2017
Metadata last update18 September 2017
Statistical presentation
Data description

The consumer survey contains standardized questions about the financial situation of households, general economic situation, inflation, unemployment, saving, intentions of making major purchases on durable goods or purchasing/building a home or buying a car. The proposed options of answers give an opportunity to arrange them from optimistic, through neutral to pessimistic. The survey results are used to capture the direction of change of observed variables incl. "the consumer confidence level", which gives an opportunity to analyze the tendencies in the development of public opinions on significant economic phenomena in the country.

Classification system

The respondents are categorized according to 5 criteria: income, occupation, education, age and sex.

Sector coverage

The object of the survey is the persons aged 16 and over; the sample method is random, clustered, and proportional to the population by regions, incl. urban/rural inhabitants (154 clusters with 8 persons per cluster).

Statistical concepts and definitions

The consumer confidence indicator is an arithmetic mean of the balances of the expectations about the development over the next 12 months of the financial situation of households, general economic situation, savings and unemployment, as the last is taken with a negative sign.

The replies to the questions are presented in a five-option ordinal scale. The results are in the form of balances which are the difference between the relative shares of the positive and the relative shares of the negative answering options, as there is one specification: the very positive and the very negative answering options are given a coefficient of 1, and the more moderate positive and negative options - a coefficient of 0.5.

Statistical unit

Households and their members.

Statistical population

Reference population of the survey - the permanent population of Bulgaria aged 16 years and more.

Reference area

Total for the territory of Republic of Bulgaria.

Time coverage

Time series of data are published from 2001 (at Information System INFOSTAT of the National Statistical Institute).

Base period

Not applicable.

Unit of measure

Balance, per cent.

Reference period

Quarter.

Institutional mandate
Legal acts and other agreements

Joint harmonised EU programme of business and consumer surveys.

Manual to the Joint harmonised EU programme of business and consumer surveys.

Data sharing

Not applicable.

Confidentiality
Confidentiality - policy
  • Law on Statistics;
  • Regulation (EC) No 223/2009 on European statistics (recital 24 and Article 20(4)) of 11 March 2009 (OJ L 87, p. 164), stipulates the need to establish common principles and guidelines ensuring the confidentiality of data used for the production of European statistics and the access to those confidential data with due account for technical developments and the requirements of users in a democratic society.
Confidentiality - data treatment

Individual data are not published in accordance with article 25 of the Law on Statistics. The publishing of individual data can be performed only in accordance with article 26 of the same law.

Release policy
Release calendar

The date of publication of statistical information is indicated in the Release Calendar presenting the results of the statistical surveys carried out by the National Statistical Institute. The data are announced in the first week after the reference period.

Release calendar access

The calendar is available on the NSI website: http://www.nsi.bg/en/node/480

User access

Consumer surveys data are published on the NSI website, section Business statistics - Business Surveys in accordance with the Law on Statistics (Chapter 5) and the European Statistics Code of Practice respecting the professional independence and aimed at objectivity, transparency and equal treatment of all consumers.

Frequency of dissemination

Quarterly.

Accessibility and clarity
News release

NSI publishes regular press releases "Consumer survey" in the first week after the reference period.

Publications

Analytical publication "Bulgaria 2011 - statistical panorama"

On-line database

Data on Consumer survey are available to all users of the NSI website under the heading Business statistics - Business Surveys - Consumer survey: http://www.nsi.bg/en/node/4385

Micro-data access

Not applicable.

Other

Not applicable.

Documentation on methodology

Manual to the Joint harmonised EU programme of business and consumer surveys: https://ec.europa.eu/info/sites/info/files/bcs_user_guide_en_0.pdf

 

Quality documentation

Not applicable.

Quality management
Quality assurance
Quality assessment
Relevance
User needs

Main users of the data are national and international organizations and institutions.

User satisfaction

The users' satisfaction survey is not carried out.

Completeness
Accuracy and reliability
Overall accuracy

In sample surveys may be mistakes in the registration of answers, processing, and others.

Sampling error
Non-sampling error
Timeliness and punctuality
Timeliness

The NSI presents information about survey in the first week after the reference period.

Punctuality

The data are disseminated according to the planned schedule.

Coherence and comparability
Comparability - geographical

The data are prepared at national level.

Comparability - over time

The time series data are comparable.

Coherence - cross domain

Not applicable.

Coherence - internal

Not applicable.

Cost and burden
Data revision
Data revision - policy

Not applicable.

Data revision - practice

Not applicable.

Statistical processing
Source data

Main data source are questionnaires.

Frequency of data collection

Quarterly.

Data collection

The data are collected using a questionnaire by conducting a personal interview with the households included in the sample, and with all persons aged 16 years and over - members of the household.

Data validation

In introducing and recording data obligatory control is performed according to set validation rules. If the information given in a questionnaire does not meet the requirements of validation are appear the error messages on user's screen. Performed and verify as regards the output data.

Data compilation

The data processing is performed by developed application software.

Adjustment

Not applicable.

Comment
Download in SDMX 2.1 file format: Consumer survey
Metadata Structure Definition in SDMX 2.1: ESMS_MSD+BNSI+2.0+SDMX.2.1.xml
Download in SDMX 2.0 file format: Consumer survey
Metadata Structure Definition in SDMX 2.0: ESMS_MSD+BNSI+2.0+SDMX.2.0.xml
  • Monday, 29 June 2020 - 11:00

    In June 2020, the total business climate indicator increases by 11.4 percentage points in comparison with the previous month which is due to more favourable business climate in all observed sectors - industry, construction, retail trade and services.

  • Wednesday, 24 June 2020 - 14:35

    Main results from the short business survey amongst the non-financial enterprises, aiming at presenting to the society and policy makers information on the economic effects from the declared state of emergency in the country due to COVID-19.

  • Wednesday, 10 June 2020 - 11:00

    In the context of state of emergency in the country in April 2020, the survey shows an increase of the pessimism in consumers’ assessments and expectations in comparison with January. The total consumer confidence indicator decreases by 17.4 percentage points compared to its level 3 months ago, which is due to the decreased confidence of both rural and urban inhabitants by 18.5 and 17.0 percentage points respectively.

  • Friday, 29 May 2020 - 11:00

    In May 2020, the business conjuncture in the country marks a positive change in comparison with the last three months. The total business climate indicator increases by 11.8 percentage points compared to April as a result of the positive managers’ opinions in all observed sectors - industry, construction, retail trade and services.

  • Wednesday, 27 May 2020 - 11:10

    Main results from the short business survey amongst the non-financial enterprises, aiming at presenting to the society and policy makers information on the economic effects from the declared state of emergency in the country due to COVID-19.

  • Thursday, 30 April 2020 - 11:00

    In the context of state of emergency in the country in April 2020, the NSI business surveys indicate a deterioration of business conjuncture in all observed sectors. The total business climate indicator drops by 41.7 percentage points compared to its level from the previous month, which is with 37.0 percentage points below the long-term average for the last l0 years, and with 4.4 percentage points above the long-term minimum registered in February 1997.

  • Tuesday, 28 April 2020 - 11:00

    Main results from the short business survey amongst the non-financial enterprises, aiming at presenting to the society and policy makers information on the economic effects from the declared state of emergency in the country due to COVID-19.

  • Monday, 13 April 2020 - 11:00

    The investment business inquiry of NSI carried out among industrial enterprises in March 2020 shows that in 2019 the expenditures for acquiring fixed tangible and intangible assets in industry are preserved compared to 2018. However, the plans of industrial enterprises in 2020 are for a decrease of investments by 21.8% in comparison with the previous year.

  • Monday, 30 March 2020 - 11:00

    According to the NSI business inquiries in March 2020, carried out in the period 2.03 - 18.03.2020, the total business climate indicator decreases by 3.7 percentage points in comparison with February. A reduction of the indicator is registered in industry, retail trade and service sector.

  • Friday, 28 February 2020 - 11:00

    In February 2020, the total business climate indicator decreases by 0.8 percentage points compared to the previous month as a result of the more unfavourable business climate in retail trade and service sector.

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