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Croatia Q2 GDP Grows 2.8%

Croatia Q2 GDP Grows 2.8%Croatia Q2 GDP Grows 2.8%

Croatia’s gross domestic product grew 2.8% year on year in the second quarter, the state statistics bureau said in a flash estimate on Wednesday, Reuters reported. Local analysts had on average expected growth of 3%. In the first quarter Croatia’s economy expanded 2.5%. The statistics bureau also said that seasonally adjusted second quarter growth compared to the first quarter amounted to 0.8%. The government expects growth for the whole year at 3.2%, while the central bank is a bit less optimistic with a forecast of 3%.

 

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