Bulgaria's Q1 GDP Grows 3.5% y/y
Wednesday, 16 May 2018
Bulgaria's economy expanded by 3.5% year-on-year in the first quarter of 2018, after growing by the same rate in the previous quarter, a flash estimate of the National Statistical Institute (NSI) showed on Tuesday.
On a quarterly comparison basis, the growth in gross domestic product (GDP) accelerated to a seasonally adjusted 0.8% in the first quarter, from 0.7% in the fourth quarter of 2017, the NSI data indicated.
Calculated in current prices, Bulgaria's GDP totalled 21.24 billion levs ($12.9 billion/10.85 billion euro) in the first quarter of the year.