Money in Croatia
Croatia - MoneyThe economy seemingly kept pace in the final quarter of last year, after stronger external sector metrics and robust consumer spending drove an acceleration in the third quarter. Household consumption looks set to have remained resilient in the fourth quarter: Retail sales growth accelerated notably, supported by rising consumer confidence and faster wage and credit growth. Meanwhile, the important tourism sector also sent encouraging signals, with the number of tourists jumping in October-November from the same period of 2018. That said, the picture for private sector activity appears more mixed: Although business sentiment improved, industrial production was downbeat in the last stretch of 2019, due to spillovers from a frail German industrial sector. Heading into the first quarter of 2020, both business and consumer confidence rose in January, boding well for consumer spending and investment activity.
Croatia - Money Data
|Money (annual variation in %)||9.6||11.4||18.2||19.1||20.7|
5 years of economic forecasts for more than 30 economic indicators.
Croatia Money Chart
Source: Crotia Central Bank and FocusEconomics calculations.
|Bond Yield||0.67||0.0 %||Dec 31|
|Exchange Rate||6.64||-0.54 %||Jan 01|
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January 30, 2020
Industrial production slumped 2.2% in working-day adjusted terms over the same month last year in December, a sharper drop than November’s 0.4% contraction.
January 16, 2020
Consumer prices dipped 0.1% over the prior month in December, following November’s 0.2% drop.
December 30, 2019
Industrial production fell 0.4% in working-day adjusted terms over the same month last year in November, contrasting October’s 0.3% year-on-year rise.
December 16, 2019
Consumer prices fell 0.2% over the prior month in November, following October’s 0.4% increase.
November 29, 2019
The economy gained traction in the third quarter, according to detailed GDP data released by Croatia’s Statistical Institute (CBS) on 29 November.