UPDATE 1-Bulgaria raises growth forecast to 1.4 pct this year

April 17, 2015 3:33 PM

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SOFIA, April 17 (Reuters) - Bulgaria has raised its forecast for economic growth this year to 1.4 percent from a previous estimate of 0.8 percent, mainly due to improved private consumption, the finance ministry said in its spring macroeconomic forecast on Friday.

The growth will still lag behind last year's 1.7 percent, due to expected weaker public consumption and investment.

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