Recent Study: Bulgaria Food & Drink Report Q3 2014
Net exports will remain the key driver of economic growth in Bulgaria, as the domestic economy continues to be plagued by low consumer and business confidence. A pick-up in government expenditure has not been sufficient to offset a decline in real household consumption expenditure, indicating that domestic demand remains elusive. We forecast real GDP growth to accelerate from 0.5% in 2013 to 1.6% this year.
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