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BRIEF NEWS BULLETIN IN ENGLISH NO. 4044

HR-BULLETINS-Politika BRIEF NEWS BULLETIN IN ENGLISH NO. 4044 BRIEF NEWS BULLETIN IN ENGLISH NO. 4044HINA Zagreb 4 July 2001CENTRAL BANK COUNCIL DEBATES ECONOMIC, MONETARY TRENDSZAGREB, July 4 (Hina) - Economic growth is dynamic, the Croatian National Bank (HNB) Council assessed on Wednesday, debating the latest economic and monetary movements. The session was chaired by HNB governor Zeljko Rohatinski. Gross domestic product marked a 4.2 percent increase in this year's first trimester, which was the sixth consecutive quarter growth. In May, industrial production rose by 8.2 percent, and by 7.2 percent in this year's first five months as against the same period of time last year. Retail trade was 13.3 percent higher in April and 11.5 percent higher in the first four months of the year as against 1999. Overnights in the first five months increased by 24 percent. Balance-of-payments data indicate export rises considerably slower than import. The balance-of-payments current account deficit

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