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Economic growth in Bulgaria accelerated, reaching 3.9 percent during third quarter of year

2017-12-05   |  http://bnr.bg

Bulgaria’s GDP has gone up in the third quarter of 2017 by 0.9 percent compared to the previous three months, registering a 3.9 percent year-on-year rise, National Statistical Institute data indicate.

The National Statistical Institute data on a yearly basis have also remained unrevised, marking a 3.9 percent economic growth, after the 3.7 increase in the April-June period. This is the best economic growth rate since the end of 2016, when the GDP marked a 4 percent increase year-on-year. The data from the third quarter correspond to the European Commission\'s autumn forecast which put Bulgaria’s GDP growth rate for this year at 3.9 percent – a far cry from the EC’s spring forecast of 2.9 percent.

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