Croatia Q1 GDP Drops

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14:22 GMT

Jun 2009

(RTTNews) - Monday, Croatia’s Central Bureau of Statistics said the gross domestic product or GDP decreased 6.7% year-over-year in the first quarter, in contrast to a 0.2% increase in the previous quarter. This was the biggest drop since first quarter of 2000. A year ago, the GDP was up 4.3%.

The gross value added or GVA decreased 4.0% annually in the first quarter.

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