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Croatia's GDP growth rate 3.9 pct in first nine months of 2004

ZAGREB, Jan 17 (Hina) - Croatia's year-on-year Gross Domestic Productgrowth rate in the first nine months of 2004 was slightly lower thanin the first six months, totalling 3.9 per cent as against 4 per centin the first half of last year, according to figures from the NationalBureau of Statistics released on Monday.
ZAGREB, Jan 17 (Hina) - Croatia's year-on-year Gross Domestic Product growth rate in the first nine months of 2004 was slightly lower than in the first six months, totalling 3.9 per cent as against 4 per cent in the first half of last year, according to figures from the National Bureau of Statistics released on Monday.

The GDP growth rate was 4.2 per cent in the first quarter, 3.8 per cent in the second and 3.6 per cent in the third quarter of 2004.

The third quarter of 2004 saw a sharp slowdown in fixed capital investments from a high 17.6 per cent to a mere 0.5 per cent, and exports dropped from 8.3 per cent in the third quarter of 2003 to 5.5 per cent in the same period last year.

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