Croatia’s economic growth accelerated for the second straight quarter in the three months ended September, preliminary data from the Croatian Bureau of Statistics showed Wednesday.
Gross domestic product advanced a non-seasonally adjusted 3.3 percent year-over-year in the third quarter, faster than the 3.0 percent rise in the previous quarter.
During the first quarter of this year, the rate of expansion was 2.6 percent.
On the expenditure side, final consumption expenditure grew 3.3 percent and gross fixed capital formation rose by 3.4 percent.
Both exports and imports climbed by 5.7 percent and 9.5 percent, respectively.
On a seasonally adjusted basis, GDP growth moderated to 3.2 percent in the third quarter from 3.6 percent in the second quarter.
Compared to the previous quarter, the economy expanded at a stable rate of 0.9 percent in the September quarter.
The material has been provided by InstaForex Company – www.instaforex.com
Disclaimer: Please note all prices are for information only, they should not be relied upon for accuracy or trading. All prices quotes are based on CFD prices and are similar though not always identical to real exchange prices. STOCKTRKR or anybody connected with STOCKTRKR will not accept any liability for loss or damage arising from use of any information/commentary/charts or articles which is provided 'as is' for educational purposes only, nothing contained on this website should be considered as investment advice - please seek proper investment advice from registered financial broker or institution if you wish to trade on global markets and ensure you are familiar with the risks.
