Bulgaria Sees 3.9% Growth

The Bulgarian economy grew by 3.9% on an annual basis in the third quarter from a revised 3.7% in the previous three months, a flash estimate of the statistics office showed on Tuesday, Reuters reported. On a quarterly basis, the economic growth was 0.9% from July to August in seasonally adjusted terms, driven by exports and domestic consumption against 1% increase in the second quarter. The economy grew 3.9% in 2016. The finance ministry expects strong domestic demand to steer an annual growth of 4% this year and sees growth at 3.9% a year through 2020.