June 1 (SeeNews) - Croatia's consumer confidence index rose by 7.0 percentage points month-on-month in May but fell by 21.1 percentage points compared to its year-earlier level, the central bank said.
The index tracking consumer expectations also improved month-on-month in May, growing by 14.1 percentage points, whereas in annual comparison it was down by 40.5 points, the central bank, HNB, said in a monthly consumer confidence survey published on Friday.
The consumer sentiment index fell by a monthly 5.9 percentage points in May and by 16.1 points year-on-year.
All of the above mentioned indices remained negative in May.
At the same time, the consumers’ opinion about the development of the general economic situation in the country over the past 12 months worsened by 29.2 percentage points compared to the consumer survey conducted in April and was down by 13.4 points year-on-year.
Regarding their expectations for the next 12 months, however, consumers were more optimistic in April than they had been a month earlier, with the index gaining 15.2 points, while compared to May 2019 it was down by 31.8 percentage points.
Following are the values of the separate indices as presented in HNB's monthly consumer confidence survey:
|
May '20 |
April '20 |
May '19 |
Consumer confidence |
-25.2 |
-32.2 |
-4.1 |
Consumer expectations |
-28.0 |
-42.1 |
-1.6 |
Consumer sentiment |
-29.4 |
-23.5 |
-13.3 |
General economic situation in the past 12 months |
-37.8 |
-8.6 |
-24.4 |
Expected economic situation in the next 12 months |
-43.1 |
-58.3 |
-11.3 |