Consumer durables is a cataloguing of consumer goods that are not essential to be bought very often as they are fashioned in a way so as to last for an extended period of time. Profits in the consumer durables sector were most profoundly…
BMI View: Strong wage growth, rising consumer confidence and an improving labour market in Bulgaria
will translate into an expansion of 6.7% in vehicle sales in 2016.
? Vehicle sales will grow 6.7% in 2016.
? Improving consumer confidence, strong wage growth and a tightening labour market will help fuel
growth in the passenger car segment.
? Low levels of inflation will free up disposable income, while record low interest rates will translate to
lower borrowing costs for households and business and bolster auto loan growth.
? Transport infrastructure projects will continue to benefit the commercial vehicle segment.