After a slowdown in the last quarter of 2017, the economic growth is accelerating.
ZAGREB, March 7, 2018 - Croatia and Greece recorded the lowest GDP growths in the European Union during the fourth quarter of 2017, compared with the previous quarter, Eurostat said on Wednesday.
ZAGREB, March 7, 2018 - Online Vacancy Index (OVI), a monthly index of online job advertisements developed by the Zagreb-based Institute of Economics (EIZ) in cooperation with the web portal MojPosao, shows that the index in February rose compared to February 2017, however, it fell compared to January 2018 as a result of slower GDP growth rate, the Institute reported on Wednesday.
ZAGREB, March 6, 2018 - Finance Minister Zdravko Marić has said that statistics about budget revenues and expenditures for the first two months of 2018 did not hint at any further deceleration of economic growth, and added that things "are unfolding in line with the initial forecasts of GDP of 2.9%."
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.
Previous forecasts showed that Croatia could reach Austria’s GDP in 26 years. Now it appears that even that was too optimistic.
ZAGREB, February 25, 2018 - A majority of macroeconomic analysts surveyed by Hina predict that Croatia's economy in the last quarter of 2017 grew less than 3% annually due to slower personal consumption and export growth as well as stable industrial production.
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.