Interest Rate in Croatia

Croatia Interest Rate | Economic News & Forecasts

Croatia - Interest Rate

Recently released GDP data revealed that the economy gained steam in Q1, with growth accelerating to an over two-year high on the back of strong domestic demand. Despite higher unemployment, private consumption rose at the fastest clip since early 2008 as household incomes were buoyed by solid credit growth and healthy real wage gains in the quarter. Likewise, fixed investment growth surged to an over-decade high, aided by EU-linked structural funding and upbeat corporate lending. On the external front, although exports picked up noticeably, they were outpaced by imports and thus net trade weighed on the overall expansion. Going forward, available data signals that momentum was sustained at the outset of Q2. The unemployment rate dipped to a seven-month low in April while consumer confidence hit consecutive record highs in April and May, indicating that private consumption has remained resilient.

Croatia - Interest Rate Data

2013  2014  2015  2016  2017  
Policy Interest Rate (%)7.00  7.00  3.00  3.00  3.00  

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Croatia Interest Rate Chart

Croatia Interest Rate
Note: CNB Discount Rate rate in %.
Source: Crotia Central Bank.

Croatia Facts

Bond Yield1.330.0 %Jun 13
Exchange Rate6.57-0.54 %Jun 13
Stock Market1,901-0.48 %Jun 13

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