ZAGREB, March 3, 2018 - The Consumer Expectations Index (CEI), which shows what citizens expect about changes in their household financial situation and the economic situation in the country over the next 12 months, reached 0.8 points in February 2018, the first positive result since 2007, Raiffeisenbank Austria (RBA) said on Friday, commenting on recent central bank (HNB) figures.
ZAGREB, March 1, 2018 - Prime Minister Andrej Plenković said on Thursday that a lower-than-expected economic growth in 2017 did not affect the state budget and that budget revenues were being collected well, and underscored the latest European Commission report about Croatia's improving economic sentiment in February as encouragement.
ZAGREB, February 28, 2018 - Croatia's economy grew in Q4 2017 by 2% from the same period of 2016, which is its slowest growth rate since Q2 2015 and a result of a mild slowing down of personal consumption growth and slower-than- expected investment growth.
ZAGREB, February 28, 2018 - A preliminary report by the national statistical office shows that in the fourth quarter of 2017 Croatia's GDP grew by 2% from the same period of 2016, which is a significantly lower rate than in the previous quarter and lower than expected.
ZAGREB, February 28, 2018 - Economic sentiment improved significantly in Croatia in February, reaching a record high on the wings of optimism in the manufacturing sector and among consumers, a report released by the European Commission on Tuesday notes.
Previous forecasts showed that Croatia could reach Austria’s GDP in 26 years. Now it appears that even that was too optimistic.
The City of Zagreb and Međimurje, Istria, Dubrovnik-Neretva and Zagreb Counties make up half of Croatia’s GDP.
ZAGREB, February 7, 2018 - The European Commission expects Croatia's Gross Domestic Product (GDP) to grow at a rate of 2.8% this year, the same projection as one made three months ago, as the slowdown in the last quarter of 2017 is likely to carry over to 2018.
GDP growth in the third quarter is forecast at 3.5 percent.
After many years of downgrading, the trend could finally be reversed.