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FOUR-PERCENT RISE IN CROATIA'S GDP IN SECOND QUARTER OF 2002

ZAGREB, Sept 29 (Hina) - Croatia's Gross Domestic Product in the second quarter of 2002 rose by four (4) percent in comparison to the same period of 2001, while the GDP in the first quarter this year rose by 4.3 percent.
ZAGREB, Sept 29 (Hina) - Croatia's Gross Domestic Product in the second quarter of 2002 rose by four (4) percent in comparison to the same period of 2001, while the GDP in the first quarter this year rose by 4.3 percent. #L# According to preliminary estimate, Croatia's GDP for 2001 really increased by 3.8 percent compared to 2000, and thus the recent data about a 4.1-percent rise was corrected after all the relevant facts were collected. The figures were shown on the web pages of the Central Bureau of Statistics. The differences in figures, according to analysts, should be ascribed to the results of harmonisation of data from the quarterly and annual basis. According to indicators from the calculation of the GDP in the second quarter of this year, an increase in personal consumption and investments exerted the biggest impact on the rise in the GDP. The rate of increase in the personal consumption is six (6) percent, and investments in capital climbed by 8.7 percent. The second quarter of 2002 registered an increase of 7.9 percent in the export of goods and services as against the same period in 2001. The state spending, whoever, has been on the decline for the ninth consecutive quarter. It fell by 2.3 percent in the second trimester of 2002. The slower dynamic of a rise in the GDP was also caused by an increase of 3.4 percent in the import of goods and services. (hina) ms

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