Bulgaria: Descent growth performance in turbulent times (October 09, 2012) | Eurobank
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Bulgaria: Descent growth performance in turbulent times (October 09, 2012)

• GDP growth remained flat at 0.5% yoy in Q2-2012 on robust private consumption dynamics and surprisingly resilient exports performance
• Inflation jumped to 3.9% yoy in August against only 1.6% yoy in June, the highest rate since 2007
• Credit growth inched up to 4.2% yoy in July driven by the recovery in corporate loans