August 29 (SeeNews) - Croatia's annual gross domestic product (GDP) growth picked up to a real 2.9% in the second quarter from 2.5% in the preceding quarter, a flash estimate of the country's statistical office showed on Wednesday.
On a seasonally adjusted basis, Croatia's economy expanded by 2.8% year-on-year and by 1.1% quarter-on-quarter, following a 2.6% yearly growth rate and a 0.8% quarter-on-quarter growth in the first quarter of 2018, the Croatian Bureau of Statistics said in a statement.
The largest positive contribution of the GDP volume change in the second quarter of 2018 was caused by an increase in the export of goods and services, the stats office said in a statement.
The statistics office said it will publish detailed first-quarter GDP data on August 31.