Croatian economy fell in the second quarter by 0.7 percent year on year , which is a smaller decline than in the previous quarter and lower than expected .
CBS announced today the first assessment by which the gross domestic product in the second quarter of this year fell 0.7 percent compared to the same period last year , the seventh consecutive quarter as the economy weakens .
This is a smaller decline than in the first quarter , when GDP slid 1.5 percent , and lower than expected .
The domestic economy is weaking since the beginning of 2009th On two occasions , in the third quarter of 2010th and second quarter of 2011 the economy technically went out of the recession , but negative trends were then resumed .
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