Exchange Rate in Croatia
Croatia - Exchange RateThe economy will have reeled in Q2 as the full effects of the pandemic were felt, after growth slowed to an over five-year low in Q1. Industrial production collapsed in April—May as the manufacturing sector languished; the vital tourism industry was hammered as arrivals plunged by nearly half in April; and retail sales crashed at an unprecedented rate in the same month. And although their fall was less severe in May, consumers remained deeply pessimistic in June—suggesting that private consumption took a heavy blow in Q2. In politics, the ruling center-right HDZ notched a better-than-expected victory in the 5 July parliamentary elections, but was unable to secure an outright majority. As such, coalition talks with smaller right-wing groups loom ahead, most likely with the Miroslav Skoro Homeland Movement which came in third place. Managing the coronavirus recovery and continuing reforms for euro adoption are likely at the center of the new government’s policy agenda.
Croatia - Exchange Rate Data
|Exchange Rate (vs USD)||7.04||7.18||6.19||6.46||6.64|
5 years of economic forecasts for more than 30 economic indicators.
Croatia Exchange Rate Chart
Source: Thomson Reuters.
|Bond Yield||0.67||0.0 %||Dec 31|
|Exchange Rate||6.64||-0.54 %||Jan 01|
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July 30, 2020
Industrial output dropped 1.8% year-on-year in working-day adjusted terms in June, which was softer than May’s 12.4% plunge.
July 16, 2020
Consumer prices rose 0.10% over the previous month in June, matching May's increase.
June 30, 2020
Industrial production plummeted 12.4% year-on-year in working-day adjusted terms in May (April: -11.0% yoy).
June 16, 2020
Consumer prices increased 0.10% over the last month in May, swinging from April's 0.20% drop.
June 8, 2020
On 18 May, Croatian lawmakers voted to dissolve Parliament, paving the way for general elections to be called for 5 July, several months before they were originally scheduled.