Consumer Confidence Index April 2010
Consumer Confidence Index is an instrument that registers and tracks the changes in the consumer climate. European Commission uses this survey method as a part of indicators’ package for monitoring and evaluation of the economic situation in the European Union countries as well as in the applicant state’s economies.
The Consumer Confidence Index method is a result of experiments conducted in France and Germany in the 70’s and especially professor’s Kantona and economists from Michigan University input on the significance of subjective judgments given by consumers for economical and social processes.
The consumer's opinion on different economical factors not only determine their market behavior but also influence on the future development of the objective factors. Thus the consumer climate researches provide information for tracking the cyclic processes and define precisely the economy turning points and can be use for future prognosis.
The Consumer Confidence Index has become an indispensable analytical and prognosis tool in Europe and USA, used by numerous economical agents - public and state departments, researchers, managers of private and multinational companies, foreign institutions, financial experts, universities, political organizations, information centers, banks etc.
The Consumer Confidence Index is measured in Bulgaria from May 2001 as a part of Consumer Barometer Project financed by European Commission.
You can find the presentation of the data till April 2010 in the Download box right above.
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