Fiscal Balance in Croatia

Croatia Fiscal Balance | Economic News & Forecasts

Croatia - Fiscal Balance

A solid third-quarter outturn was buoyed by upbeat domestic demand; economic growth landed near Consensus and roughly in line with the expansion a quarter earlier. A tight labor market underpinned household spending, as did low inflation. Fixed investment, meanwhile, accelerated on absorption of EU-linked structural funding and despite the fall-off in industrial metrics. On the external front, a pullback in export growth was par for the course amid the broader European slowdown. Looking ahead, available fourth-quarter data has mostly been positive, with upbeat retail sales in October and economic sentiment through November. An uptick in the unemployment rate and sluggish industrial output in recent months, however, are likely to bruise year-end gains.

Croatia - Fiscal Balance Data

2013  2014  2015  2016  2017  
Fiscal Balance (% of GDP)-5.3  -5.1  -3.4  -0.9  0.8  

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Croatia Facts

ValueChangeDate
Bond Yield2.090.0 %Jan 16
Exchange Rate6.52-0.54 %Jan 16
Stock Market1,752-0.48 %Jan 16

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