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Macro - Country Economic Forecasts - Bulgaria

Publisher Oxford Economics
Published Mar 28, 2022
Length 6 Pages
SKU # OFE17063660

Description

Macro - Country Economic Forecasts - Bulgaria

The outlook has changed significantly for the worse, so we have revised our growth and inflation forecasts sharply. We now see Bulgarian GDP advancing 2.9% in 2022, 0.7pp down from a month ago, and 3.9% in 2023. As for inflation, we have raised our call for 2022 and 2023 to 8.7% and 2.3% respectively (from 2.0% and 1.2%).

Table of Contents

6 Pages
Bulgaria: War weighing on growth and manufacturing, boosting prices
Forecast overview
Recent developments
Short-term outlook
Key drivers of our short-term forecast
Economic risk
Economic risk evaluation
Background
Economic development
Structure of the economy
Policy and politics
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