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CROATIA'S GDP IN FIRST QUARTER INCREASES BY 4.6 %

ZAGREB, July 1 (Hina) - Croatia's Gross Domestic Product (GDP) in the first quarter of 2002 increased by 4.6 percent in relation to the same period the year before, the Central Bureau of Statistics said in a statement on Monday.
ZAGREB, July 1 (Hina) - Croatia's Gross Domestic Product (GDP) in the first quarter of 2002 increased by 4.6 percent in relation to the same period the year before, the Central Bureau of Statistics said in a statement on Monday. #L# This is one of the highest GDP rates in the last 10 quarters. Croatia's GDP for 2001 increased by 4.1 percent in real value, in relation to the year before. Statistical data on the calculation of GDP, according to the categories of expenditure, show that the greatest contribution to GDP in the first quarter are personal consumption and investments. Investments in capital stock increased by 9.4 percent, while personal consumption increased by six percent. Budgetary expenditure increased by 2.4 percent in relation to the fist quarter of 2001. At the same time, the export of goods and services dropped by 0.6 percent, while the import of goods and services increased by 7.7 percent.

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