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Croatia's growth rate in 2007 estimated at 4.7 pct

Izvor: HINA
Autor: ;rmli;
ZAGREB, April 12 (Hina) - The 2007 growth rate of the Croatian economy will be 4.7%, the IMF has said, confirming its forecast from September 2006. In 2008 the growth rate is expected to drop to 4.5%, according to the latest IMF World Economic Outlook publication.
ZAGREB, April 12 (Hina) - The 2007 growth rate of the Croatian economy will be 4.7%, the IMF has said, confirming its forecast from September 2006. In 2008 the growth rate is expected to drop to 4.5%, according to the latest IMF World Economic Outlook publication.

The Croatian national bureau of statistics recently published data showing a 4.8% GDP growth rate in 2006.

The IMF has revised the projected inflation rate for Croatia in 2007 from 2.8 to 2.7%. In 2008, the inflation rate is expected to rise to 2.8%.

The estimate on the 2007 current account deficit has been revised upwards, from 6.8 to 8.3%. In 2008 the current account deficit is expected to drop to 7.8%, according to the IMF.

(Hina) rml

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