Easter Consumption Down 14 %

ZAGREB, April 15, 2020 – Croatian citizens have spent HRK 1.2 billion over the Easter holidays, down 14 percent from last year when they spent 1.4 billion, according to the Croatian Chamber of Commerce (HGK).

According to the Tax Authority, a turnover of HRK 976 million was generated in trade and HRK 838.3 million in retail between Holy Thursday and Easter Monday.

Although this is a significant fall, these figures show that the economy has not stopped, despite lockdown imposed due to the coronavirus, a HGK official said.

Given that the said figures do not include sales results generated by family farms whose business has significantly increased over the past several weeks, we can conclude that Croatia is dealing with the crisis well and that there is no significant fall in consumption, the HGK official said.

More economy news can be found in the Business section.

 

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