GDP drops by 6.7% y/y in Q1.
The real GDP dropped by 6.7% y/y in Q1, the first annual decline since Q1/2000, the statistical office announced. In Q4, GDP grew by 0.2% y/y. In current prices, GDP reached HRK 77.9bn in Q1. The decline came on the back of drop in household consumption, by 9.9% y/y, following 3.2% y/y decline in Q4, and investments, which wend down by 12.4% y/y versus 3.5% y/y growth in Q4. Government consumption rose by 3.9% y/y, accelerating from 2.7% in Q4. Exports continued to decline, by 14.2% y/y versus 2.5% y/y drop a quarter ago. The exports...
You must be a subscriber to access this archived content.
If your subscription includes access to the archive, please log in now to view.
To gain access to this content visit the subscription page or call our hotline on +44 (0)207 779 8999.
Subscribe online now and save up to 30% on your subscription.
If you are a trialist or subscriber, please enter your username and password at the top right-hand side of euromoney.com
Subscribers to Euromoney benefit from:
- 12 months access in print and online - on euromoney.com, read the latest issue early online, search for specific developments by region or sector, interrogate the results of Euromoney's benchmark polls, and view the archive dating back to 1996
- More than 30 specialist research guides free
- The results of Euromoney’s polls and surveys
- Tailored RSS news feeds direct to your desktop
- News delivered directly to your mobile device or PC
- Personalised email newsfeed of 'Top stories' and 'Breaking news'
Click here to subscribe