Bulgaria Economic Outlook
October 3, 2017The Bulgarian economy ended the first half of year on a strong note, according to complete GDP data published by the Statistical Institute in September. Annual GDP growth was confirmed at 3.6% in Q2, a marginal improvement from Q1’s result. Growth continued to be driven by healthy household consumption and export growth, and leading indicators suggest the momentum will be sustained throughout the rest of the year. Unemployment rested at its lowest level ever in August, which would point to household consumption remaining one of the main engines of growth over the medium term. Industrial production also continued to grow at a robust annualized pace in July, albeit slightly below the high rates seen in H1.
Bulgaria Economy Data
5 years of Bulgaria economic forecasts for more than 30 economic indicators.
Get a sample report showing all the data and analysis covered in our Regional, Country and Commodities reports.
|Bond Yield||1.51||-1.37 %||Oct 13|
|Exchange Rate||1.66||0.39 %||Oct 13|
|Stock Market||669||0.13 %||Oct 13|
Start Your Free Trial
Start working with the reports used by the world’s major financial institutions, multinational enterprises & government agencies now. Click on the button below to get started.
Bulgaria Economic Growth
October 3, 2017A higher uptake of EU funds and strong private consumption growth will ensure the economy remains on a dynamic path. Growth should also be supported by the cyclical upswing in the region, translating to higher demand for Bulgarian goods. Met the why particular Consensus Forecast panelists expect GDP to expand 3.5% in 2017 and 3.2% in 2018, which is down 0.1 percentage points from last month’s forecast.
Bulgaria Economic News
August 24, 2017
In June, industrial production grew 3.6% over the same month last year in working-day adjusted terms (May: +9.4% year-on-year).
August 18, 2017
Consumer prices rose 0.3% in July compared to the previous month, contrasting June’s 0.5% decrease.
August 16, 2017
In the second quarter, the economy expanded 3.6% over the same period last year, according to preliminary data released on 28 August.
July 13, 2017
Consumer prices fell 0.5% in June compared to the previous month, which followed May’s 0.3% drop.
July 11, 2017
In May, industrial production grew 9.6% from the same month last year in working-day adjusted terms (April: +5.1% year-on-year).