Croatia: Economic sentiment decreases in July
Latest reading: Economic sentiment came in at 103.3 in July, down from June’s 104.5. However, the index remained above the long-term average of 100, pointing to a positive near-term outlook for the economy.
The headline print reflected weaker sentiment in the services sector. Moreover, consumer confidence softened in July. That said, sentiment in the industrial, construction and retail sectors improved.
Regarding indicators that are not used to calculate the index, employment expectations improved, while the economic uncertainty index fell in July.