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Economic Indicators Bulletin for SEE - June 2017

The Southeastern Economies we follow are expected to continue in 2017 the growth dynamics of the previous year, while even some countries post higher growth rates compared to the average ones of the periphery. Final consumption and more specifically household consumption are expected (along with net exports) to be the key driver of economic growth in the next few years.

  •  In Bulgaria, the real GDP growth rate in Q1-2017 increased 3.5% from 3.4% in Q1-2016.
  •  In Cyprus, the real GDP growth rate in Q1-2017 increased 3.3% from 2.8% in Q1-2016.
  •  In Romania, the real GDP growth rate in Q1-2017 increased 5.6% from 2.8% in Q1-2016.
  •  In Serbia, the real GDP growth rate in Q1-2017 increased 1.2% from 3.8% in Q1-2016.
Ilias Lekkos
Chief Economist
Dimitria Rotsika
Economist