Bulgaria: Softer than expected GDP growth in the second quarter | Eurobank
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Bulgaria: Softer than expected GDP growth in the second quarter

• GDP growth slowed at 2.0% yoy in the second quarter compared to 3.3% yoy in the first quarter
• Net exports were again the component with the largest contribution to GDP growth in the second quarter; Domestic demand has gained more pace as private consumption stabilized further and investments rebound
• Headwinds in the international macroeconomic environment have prompted us to put our earlier GDP forecast under review