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Croatia's consumer confidence improves in April- table

Author Annie Tsoneva
Croatia's consumer confidence improves in April- table tanatat/Shutterstock.com

ZAGREB (Croatia), May 13 (SeeNews) - Croatia's consumer confidence index rose by 1.7 percentage points month-on-month in April and dropped by 7.1 percentage points compared to the same month of 2021, central bank data showed.

The index tracking consumer expectations went up by 4.9 percentage points on a monthly comparison basis, while in annual terms it was down by 12.9 points in April, according to figures published by the Croatian central bank.

The consumer sentiment index was down by 0.3 percentage points month-on-month and down by 1.2 points year-on-year in April.

The consumers’ opinion about the development of the general economic situation in Croatia over the past 12 months worsened by 2.5 percentage points month on-month and was lower by 2.7 points year-on-year in April.

Regarding their expectations about the economy in the next 12 months, consumers were more optimistic in April than they had been a month earlier, with the index up 2.9 points.

Compared to April 2021, the index measuring the expectations about the economic situation fell by 10.8 percentage points.

Following are the values of the separate indices as presented in the central bank's monthly consumer confidence survey carried out jointly with market research agency Ipsos:

April 2022 March 2022 April 2021
Consumer confidence -21.3 -23 -14.2
Consumer expectations -25 -29.9 -12.1
Consumer sentiment -33.6 -33.3 -32.4
General economic situation in the past 12 months -13.7 -11.2 -11
Expected economic situation in the next 12 months -8.4 -11.3 +2.4
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