September 13 (SeeNews) - The real growth of Croatia's gross domestic product (GDP) is expected to decelerate in the third quarter of 2018, following an increase of 2.9% year-on-year in the second quarter, the country's central bank said.
The available indicators suggest that real GDP growth could slow down slightly, the central bank said in a statement on Wednesday.
It noted that during the second and the third quarter the favourable labour market trends continued, albeit with a lower intensity compared to the beginning of the year.
Earlier this week, Erste Group said it affirmed its forecast for Croatia's economic growth in 2018 at 2.8%, while seeing the risks as balanced. The headline figure, according to the banking group, should remain supported by ongoing solid private consumption momentum and the still only modest recovery in investments.