Slovak unemployment inched further down to 3.88% in March
10 hours ago
Bulgaria’s GDP expressed in constant prices increased by 3% y/y in Q3, slowing from the 3.4% y/y growth posted in the previous three months, the statistics office reported in a flash estimate on November 14.
In 2016 and 2017 Bulgaria’s GDP increased by a real 3.4% and 3.6%, respectively.
The seasonally adjusted GDP increased by 0.5% q/q in Q3, the statistics office reported.
In absolute terms, the quarter's GDP hit BGN29bn (€14.8bn).
Final consumption (70.5% of the total in the quarter), increased by a real 6.9% y/y in Q3, the same as the revised growth figure for Q2. The dynamics of gross fixed capital formation were positive at 6.2% y/y, down from a revised 6.6% in the previous quarter. Imports increased (+5.1% y/y) while exports dropped (-3.2% y/y) in Q3.
International financial institutions (IFIs) projected Bulgaria’s GDP growth above 3% in 2018.
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