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Financial News: Croatia GDP Growth Strengthens In Q3

Croatia GDP Growth Strengthens In Q3

11/27/2019 - 07:59:00 (RTTNews)

(RTTNews) - Croatia's economic growth strengthened in the third quarter, preliminary data from the Croatian Bureau of Statistics showed on Wednesday.

Gross domestic product grew a non-seasonally adjusted 2.9 percent year-on-year following a 2.4 percent increase in the previous three months.

Growth was led by private consumption, investments, exports and imports.

On a seasonally adjusted basis, GDP increased 2.8 percent annually after a 2.4 percent increase in the previous quarter.

Compared to the same quarter last year, GDP increased 0.8 percent in the third quarter after a 0.5 percent rise in the previous three months.

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