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Bulgaria: „The pace of economic growth is sustained“

Published: December 14, 2012; 17:58 · (Vindobona)

The domestic demand compensates for the deceleration in export, Raiffeisen Research says.

Bulgaria: „The pace of economic growth is sustained“ / Picture: © Flickr

“In the third quarter of 2012, the favourable domestic demand’s development, which has been observed since the beginning of the year continued, as it stepped up by 3.6% yoy. As a result, GDP marked the same rate of growth as the one in the first half of the year: 0.9% on an annual basis, although export dynamics froze. Our predictions were for a slight acceleration…

This article includes a total of 1515 words.

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