Analysis, data & forecasts on every country across the region

Economy / Croatia

Macroeconomic Forecast Croatia

October 2012 | Macroeconomic Forecasts

We have revised down our forecast for Croatia's economic growth in 2012 to -1.7% from -1.5% and hold to our 1.0% forecast for 2013. Weak domestic demand as a result of low confidence, fiscal austerity measures and a weak labour market will see Croatia in a recession this year. Looking to 2013, accession to the EU and concurrent funds and an improved outlook for the global economy, which will boost Croatian exports, will see a return to economic expansion.

To read the full article, please choose one of the following options:

Subcribers please log in

Related Monitor Articles
Inflationary Pressures To Remain Benign

Economy / Croatia We do not foresee significant upside pressure on prices in Croatia this year, and as such forecast inflation to reach just 1.5% by end-year. Indeed, with domestic demand is set to remain weighed down on...
June 2010
Macroeconomic Forecast Croatia

Economy / Croatia Unemployment fell for the second consecutive month in May to 17.2%, from 17.9% in April, in line with our view. Indeed, we highlighted that a fall in the jobless rate was likely as the tourism season gains...
June 2010
Macroeconomic Forecast Croatia

Economy / Croatia The consumer price index continued to fall in April to 0.6% y-o-y, down from 0.9% in March. The index continued to be supported by the transport component which rose 6.8% y-o-y, while food prices were...
May 2010
Unemployment To Fall Soon

Economy / Croatia The International Monetary Fund has praised the package of economic reforms recently put forward by Croatian Prime Minister Jadranka Kosor. The major policies include cuts to government spending and...
April 2010
Macroeconomic Forecast Croatia

Economy / Croatia M1 money supply grew 4.1% y-o-y in February, which was the first annualised increase since September 2008. At the same time, M4 (broad) money grew by only 0.9% y-o-y, well below the average 11.1% growth...
April 2010
South-East Europe MonitorSouth-East Europe Channels South-East Europe Countries


All material on this site is protected by international copyright laws and use of this site is subject to our Terms & Conditions.
© 2013 Business Monitor International Ltd
Site powered by WORKSsitebuilder CMS