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Bulgaria's GDP growth slows down to 3.5% in Q4 - flash data

Bulgaria's GDP growth slows down to 3.5% in Q4 - flash data GDP, Creative Commons. Author:LendingMemo.com

SOFIA (Bulgaria), February 14 (SeeNews) - Bulgaria's economy expanded by 3.5% year-on-year in the fourth quarter of 2019, after growing by 3.7% in the previous quarter, the National Statistical Institute (NSI) said on Friday.

On a quarterly comparison basis, Bulgaria's GDP growth slightly slowed down to 0.7% in the October-December period of 2019, from 0.8% in the third quarter of last year, the NSI said in a flash estimate, citing seasonally adjusted data.

Calculated in current prices, Bulgaria's GDP totalled 32.4 billion levs ($18.0 billion/16.6 billion euro) in the review period, according to the flash estimate.

(1 euro = 1.95583 levs)

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