Podcast in English
Text size
Bulgarian National Radio © 2024 All Rights Reserved

Economic growth in Bulgaria accelerated, reaching 3.9 percent during third quarter of year

Bulgaria’s GDP has gone up in the third quarter of 2017 by 0.9 percent compared to the previous three months, registering a 3.9 percent year-on-year rise, National Statistical Institute data indicate.

The National Statistical Institute data on a yearly basis have also remained unrevised, marking a 3.9 percent economic growth, after the 3.7 increase in the April-June period. This is the best economic growth rate since the end of 2016, when the GDP marked a 4 percent increase year-on-year. The data from the third quarter correspond to the European Commission's autumn forecast which put Bulgaria’s GDP growth rate for this year at 3.9 percent – a far cry from the EC’s spring forecast of 2.9 percent. 



Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

19 people detained in Sofia for drug possession

Nineteen people have been detained last night for drug possession during a special police operation on the territory of Sofia, the Interior Ministry has announced. Cannabis, ecstasy and more than 400 canisters of laughing gas, as well as..

published on 11/2/24 2:46 PM

Patriarch Daniil conducts Archangel All Souls' Day memorial service

An Archangel All Souls' Day memorial service was conducted by Patriarch Daniil at the military ossuary museum at the central Sofia cemetery. In his message he stated that today we honour the memory of all of our soldiers: “They are an example..

published on 11/2/24 1:31 PM

Young people out of a job are mostly with a secondary school education

Almost half of the unemployed under the age of 29 in this country have secondary school education, indicate the latest data of the National Employment Agency. There are 17.350 people from this age bracket registered at the job centres –7,570 of..

published on 11/2/24 11:51 AM