Bulgaria: Softer than expected GDP growth in the second quarter
Bulgaria: Softer than expected GDP growth in the second quarter
Emerging Markets Special Focus Reports
16 Σεπτεμβρίου 2011
• 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