News

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OVI for May 2017: Peak demand for workers in the tourism industry

In May 2017, OVI registered a growth rate of 35.6 percent when compared to the same month of the previous year, indicating a continuation of strong growth in labor demand. Over the last year and a half, the most considerable contribution to job advertisements occurred in May 2017, as indicated by seasonally adjusted index values. Namely, compared to last month OVI has increased by 12.7 percent, which mainly reflects preparations for the peak tourism season. Owing to the favorable index movements in May, labor demand...

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New edition of Sector Analyses

The latest issue of Sector Analyses brings an analysis of the trends and developments in the food and beverage industry. It focuses on the main sector indicators: production activity, employment, salaries, prices, export and import. In addition to an overview of the leading companies in the Croatian food and beverage sector, the author of this issue Petra Palić also analyzes the latest trends in the EU.As always, the publication can be accessed at the Institute of Economics, Zagreb website here or in the attached...

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IFIS index for the first quarter of 2017: Financial conditions continue to ease

The values of the IFIS index indicate a further mitigation of financial conditions. Accordingly, the financial conditions on the Croatian market in the first quarter of 2017 were the mildest ever recorded since we have been monitoring the index movements. Nearly all index components contributed to the alleviating financial conditions, but the largest contribution came from domestic variables, primarily those linked to the banking system. The expansive monetary policy of the Croatian National Bank (CNB) has led to a...

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CEIZ index for March 2017: GDP growth decelerates in the first quarter of 2017

In March 2017, the CEIZ index recorded a small increase of 0.18 points compared to February, which means that economic activity accelerated somewhat compared to the previous month. However, if we observe the data for January, February and March of 2017 together, we can conclude that after a significant growth in the last quarter of 2016, the index decelerated in the first quarter of 2017 by 1.6 index points cumulatively compared to the last quarter of 2016. The weaker growth was influenced by all the index...

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Sector analyses on retail trade

The latest edition of Sector Analyses is devoted to the retail sector. The author, Ivan-Damir Anić, brings an overview of the trends and developments in this sector in Croatia and the European Union, and analyzes the performance of the leading retail companies along with the latest forecasts and projections.   As always, the publication can be accessed at the Institute of Economics, Zagreb website here or in the attached document below.