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Bulgaria Economy Report Q2 2016

The country’s seasonally-adjusted GDP increased by 3.6% y/y and totalled BGN 20.794 bln in Q2 2016, according to preliminary data of the National Statistical Institute (NSI).

Final consumption, which contributed 78.3% to the GDP, grew by 1.2% y/y in Q2 2016. Gross capital formation inched down by 0.1%, contributing 20.6% to the GDP. Exports rose by 4.5%, imports went up by 2.8%.

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