October 9 (SeeNews) - The International Monetary Fund (IMF) said on Monday that it expects the Bulgarian economy to grow by a real 3.6% in 2018, down from a growth rate of 3.8% projected in April.
In 2019, Bulgaria's gross domestic product (GDP) is expected to grow by 3.1%, the IMF said in the latest edition of its World Economic Outlook (WEO) report, affirming its April projection.
Annual average consumer price inflation is seen picking up from 1.2% in 2017 to 2.6% this year, and then slowing down to 2.3% in 2019.
Unemployment is expected to continue its steady decline from 6.2% last year, to 5.6% in 2018 and 5.5% in 2019.
Bulgaria’s current account balance calculated as percentage of GDP is projected at positive 2.4% in 2018 and 1.6% in 2019.