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UPDATE 1 - Bulgaria's annual GDP growth slows down to 3.3% in Q2 - flash data

UPDATE 1 - Bulgaria's annual GDP growth slows down to 3.3% in Q2 - flash data tanatat/Shutterstock.com

SOFIA (Bulgaria), August 14 (SeeNews) - Bulgaria's economy expanded by 3.3% year-on-year in the second quarter of 2019, after growing by 3.5% in the previous quarter, the National Statistical Institute (NSI) said in a flash estimate on Wednesday.

On a quarterly comparison basis, Bulgaria's GDP growth slowed to 0.6% in the April-June period of 2019, from 1.2% in the first quarter of this year, the NSI said in a statement, citing seasonally adjusted data.

Calculated in current prices, Bulgaria's GDP totalled 28.1 billion levs ($16.1 billion/14.4 billion euro) in the second quarter of 2019, according to the flash estimate.

GDP components (pct change):

  Q2 y/y Q2 q/q
GDP 3.3 0.6
Final consumption 2.7 0.1
Gross fixed capital formation 2.2 0.8
Exports 3.3 -3.3
Imports -5.5 -8.4

(1 euro = 1.95583 levs)

 

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