ZAGREB, July 9 (Hina) - The Croatian National Bank (HNB) Council discussed the latest economic and monetary developments at a session held in Zagreb on Wednesday under the chairmanship of HNB governor Zeljko Rohatinski.
ZAGREB, July 9 (Hina) - The Croatian National Bank (HNB) Council
discussed the latest economic and monetary developments at a
session held in Zagreb on Wednesday under the chairmanship of HNB
governor Zeljko Rohatinski. #L#
The Gross Domestic Product in the first quarter of 2003 increased by
4.9% compared to the same period last year. The highest increase was
recorded in the area of investments into fixed assets, which rose by
15.1%, while the growth of personal consumption dropped to 4.9% in
relation to the same period of 2002. The positive developments in
industrial production have continued after the first quarter, with
the physical volume of industrial production in the first five
months having increased by 5.9 percent as against the same period
last year.
The annual growth rate of retail prices in June was 1.1 percent,
while the inflation rate was 0.5%.
The kuna-euro exchange rate in June was stable and the central bank
made no interventions in the foreign exchange market.
(hina) rml sb