Consumer Confidence Declining

BusinessEconomy ♦ Published: November 6, 2012; 18:13 ♦ (Vindobona)

In Hungary and Bulgaria, the economic sentiment is declining.

Consumer Confidence Declining / Picture: © Vindobona.org

The economic research institute Nielsen reports that consumer confidence in Hungary was down in the third quarter of 2012. Among 58 observed countries, Hungary shows the lowest confidence.

In Bulgaria, the national statistical institute confirms that people are becoming more pessimistic. The majority of the interviewed persons think that the Bulgarian economic situation will…