Croatia’s Economic Sentiment Deteriorates in June

Total Croatia News

ZAGREB, June 27, 2019 – Economic sentiment in Croatia deteriorated in June due to increased pessimism in the retail sector while consumer sentiment reached an all time high, the European Commission said in a report on Thursday.

The Economic Sentiment Indicator (ESI) for Croatia in June fell by 1.3 points to 112.2 points, the EC said.

Retail trade confidence fell the most, by 2.9 points compared to May, sliding to 5.2 points.

Greater pessimism was expressed in the production and services sectors. The ESI in industry weakened by 1.8 points to 5.2 points while it slipped by 1.4 points to 21.1 points in the services sector.

Consumer confidence reached an all time high, increasing by 0.6 points to minus 1.8 points.

Sentiment in the construction sector also increased mildly, by 0.3 points to 16 points.

More news about Croatian economy can be found in the Business section.


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