Bulgaria Q4 flash GDP slows to 2.1% y/y

Kitco Media
By Reuters
Published:
Updated:
Reuters
SOFIA, Feb 14 (Reuters) - Bulgaria's economic growth slowed to 2.1% on the year in the fourth quarter from 3.3% in the previous three months, a flash estimate from the statistics office showed on Tuesday. On a quarterly basis, the small and open economy grew by 0.5% in seasonally adjusted terms from October to December, the office said.


The central bank estimates the real economic growth at 3.4% in 2022. It sees growth slowing to 0.4% this year, as inventories in the economy are expected to decrease, while government consumption and exports are seen slowing. (Reporting by Tsvetelia Tsolova)

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