wiiw Forecast Reports
BULGARIA: Economy in good shape
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in: CESEE Back on Track to Convergence
wiiw Forecast Report No. Autumn 2017, November 2017 , pp. 58-62
Bulgaria’s broad-based economic upturn has continued, with positive output
growth across all sectors of economic activity. The pattern of growth has
switched from the export-led model of 2016 to a demand-driven type. However,
labour shortages are causing supply constraints. The short-term prospects
have improved and GDP growth for 2017 as a whole could come close to 4% and
will remain in this range in the foreseeable future. Growth is balanced, with no
imminent threats to macroeconomic stability.
Reference to wiiw databases: wiiw Annual Database, wiiw Monthly Database
Countries covered: Bulgaria