India, Aug. 27 -- Croatia's gross domestic product grew at a faster pace in the second quarter partly reversing the slowdown seen in the first three months of the year, as household consumption and investments increased, preliminary estimates from the Croatian Bureau of Statistics showed on Wednesday.
The unadjusted GDP rose 3.4 percent year-on-year after a 2.9 percent increase in the first quarter. Growth was 3.9 percent in the fourth quarter and 3.7 percent in the June quarter last year.
Household consumption growth improved to 4.0 percent from 1.7 percent in the previous quarter. Government spending growth slowed to 2.4 percent from 5.8 percent. Growth in the gross fixed capital formation climbed to 5.2 percent from 4.5 percent. Export...