Bulgarian Finance Ministry Projects 0.8% Real GDP Growth in 2015

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Sofia, November 27 (BTA) – The Bulgarian Finance Ministry has updated its autumn macroeconomic forecast, its press office said on Thursday.
Real GDP growth is projected at 0.8 per cent in 2015, 1.5 per cent in 2016, and 2.3 per cent in 2017. Consumption will rise by 0.5 per cent of GDP in 2015. Export of goods and services will increase by 2.9 per cent, and import by 2.3 per cent, according  to the updated forecast.
The unemployment rate is projected at 11.7 per cent. Annual average inflation is 0.1 per cent. The current account will stand at 1.8 per cent of GDP. The trade balance will be in a
deficit of 7.3 per cent of GDP. MORE