Croatia: Economic sentiment picks up in April
Latest reading: Economic sentiment came in at 103.4 in April, up from March’s 103.2. Consequently, the index remained above the long-term average of 100, pointing to a positive near-term outlook for the economy.
The headline print reflected improved sentiment in the industrial, construction and services sectors. However, sentiment in the retail sector and among consumers deteriorated in the surveyed month.
Considering indicators that are not used to calculate the index, employment expectations improved, while the economic uncertainty index rose in April.