The current issue brings focus on preliminary GDP data, according to which GDP growth saw a minor revision in March, compared to the February flash estimates. Bulgarian economy reported a 1.7% real growth for the whole 2011 and 1.6% yoy (s.a. data) in Q4 2011. External demand was the largest contributor to the pickup in real GDP growth, as exports gained further momentum and reached a 12.6% yoy growth in Q4. Private consumption also contributed positively with household expenditures increasing by 1.3%.
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