Bulgaria GDP expands in Q1

Analysis

Bulgaria’s economy expanded for an 11th quarter as rising domestic demand offset a drop in exports to European nations struggling to emerge from the debt crisis. Gross domestic product rose 0.4% in the first quarter from a year earlier, compared with a revised 0.6% increase in the previous three months, the Sofia-based Statistics Institute said Wednesday in a preliminary estimate. Seasonally adjusted GDP advanced 0.1% from the previous quarter. Major contribution to the growth came from investment, which increased 2.4% from the fourth quarter. Collective consumption grew 0.9%. Exports of goods and services increased 1.8%.

ADVERTISEMENT

526 new COVID cases registered in Hungary Figures

526 new COVID cases registered in Hungary

Opposition parties to begin PM candidate primaries Elections

Opposition parties to begin PM candidate primaries

New managing director at the helm of Wolt Hungary Appointments

New managing director at the helm of Wolt Hungary

Budapest bike-sharing scheme boasts record ridership City

Budapest bike-sharing scheme boasts record ridership

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.