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Bulgaria Economy Report Q3 2016

The country’s seasonally-adjusted GDP increased by 3.4% y/y and totalled BGN 20.948 bln in Q3 2016, according to preliminary data of the National Statistical Institute (NSI).

Final consumption, which contributed 78.1% to the GDP, grew by 0.2% y/y in Q3 2016. Gross capital formation inched down by 1.8%, contributing 20.3% to the GDP. Exports rose by 9.5%, imports went up by 7.5%.

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