Croatia: Economic sentiment decreases in March
Latest reading: Economic sentiment fell to 103.3 in March from February’s 105.0. March’s result marked the weakest sentiment since August 2023. That said, the index remained above the long-term average of 100, pointing to a positive near-term outlook for the economy.
The headline print reflected weaker sentiment in the industrial, construction and services sectors. That said, sentiment in the retail sector and consumer confidence rose in the surveyed month.
Regarding indicators that are not used to calculate the index, employment expectations were healthier, while the economic uncertainty index rose in March.