Bulgaria's economy is forecast to grow by 2.9% in 2026 and accelerate to 3.5% in 2027 before easing to 3% in 2028, according to an October economic outlook by consultancy EY, cited by BTA. Growth is expected to outpace the EU and eurozone averages throughout the three-year period, although inflation is projected to remain higher.
EY forecasts growth of 3.5% for Bulgaria in 2027 under its baseline scenario, compared with 2.9% in an adverse scenario and 3.7% in an optimistic one.
The consultancy expects the EU economy to expand by 1.4% in 2026, 1.7% in 2027 and 1.4% in 2028. For the eurozone, it forecasts growth of 1%, 1.4% and 1.3%, respectively.
Bulgaria's annual inflation reached 5.6% in September, reflecting persistent price pressures, including the impact of higher energy costs on tourism-related services.
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Editor: Diana Tsankova