Croatia: Economic sentiment decreases in October
Latest reading: Economic sentiment came in at 106.0 in October, down from September’s 107.2. As a result, the index remained above the long-term average of 100, pointing to a positive near-term outlook for the economy.
The headline print reflected declining sentiment in the industrial and retail sectors, as well as among consumers. Meanwhile, confidence in the services sector remained unchanged in October. However, sentiment improved in the construction sector.
Relating to indicators that are not used to calculate the index, employment expectations improved, while the economic uncertainty index fell in October.