Bulgaria’ economic growth accelerated in the three months ended September as initially estimated, latest figures from the National Statistical Institute showed Friday.
Gross domestic product advanced a seasonally adjusted 2.9 percent year-over-year in the third quarter, confirming the flash data, faster than the 2.6 percent stable rate of expansion in the second quarter.
Final consumption grew 1.0 percent annually in the September quarter, reversing a 1.3 percent decline in the previous three-month period.
At the same time, gross fixed capital formation fell at a slower pace of 0.4 percent, following a 1.2 percent decrease in the preceding quarter.
Exports of goods and services climbed 5.8 percent and imports went up by 3.3 percent.
On a quarterly basis, GDP rose 0.7 percent in the third quarter, in line with preliminary data. In the second quarter, the economy expanded 0.6 percent.
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