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Croatia Economic Sentiment January 2024

Croatia: Economic sentiment picks up in January

Economic sentiment came in at 110.2 in January, up from December’s 109.2. January’s result marked the strongest sentiment since September 2021. As a result, the index remained above the long-term average of 100, pointing to a positive near-term outlook for the economy.

The headline print reflected stronger sentiment in the industrial, construction and services sectors. Moreover, consumer confidence rose in January. On the flip side, sentiment in the retail sector softened in the surveyed month.

Considering indicators that are not used to calculate the index, employment expectations improved, while the economic uncertainty index improved in January.

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