Croatia's gross domestic product in the second quarter of 2012 declined 2.2 per cent on the year in real terms, the State Bureau of Statistics said on Thursday, which earlier predicted the decline would be 2.1%.
The decline means the recession is deepening, as the contraction in Q1 was 1.3% and the latest decline is the biggest since Q2 2010, when GDP sank 3%.
The second quarter of 2012 saw a 1.8% decline in the export of goods and services on the year, while imports declined 3.3%. In Q1 2012, exports went up 2.4% and imports 1.1% on the year.
Gross added value in Q2 2012 declined 2.5% on the year in real terms.
