Economy
Fitch Affirms Croatia's A- Rating with Stable Outlook, Warns of Weakening Competitiveness
The agency highlights strong growth and fiscal discipline but also structural challenges such as low productivity and rising labor costs.
Economy
Inflation at 3.9% in July, Retail Slows for Third Month Running
Spending rises just 0.4% year-on-year, fuel sales down 12.9%, and the Institute of Economics forecasts GDP growth of 2% in the second quarter.
World
Saudi Arabia in Recession: GDP Fell 4.8%, US-Iran War Pushes Oil Prices Above $100
Second Quarter Sees Sharpest Drop Since Pandemic, as Oil Sector Plunges 24.7% and Conflict Blocks Strait of Hormuz, Disrupting Global Supply.
Economy
Retail Trade Continued to Slow in June, Annual Growth Fell to 0.4%
Service activities recorded a monthly decline of 0.3 percent in May, while annual growth stood at 5.8 percent, announced the Croatian Bureau of Statistics (DZS) and Financije.hr.
Economy
CEIZ Index Falls: EIZ Forecasts GDP Growth of 2%, CNB 1.6% in Q2
Economists see first signs of cooling after 21 consecutive quarters of Croatian economic growth, industrial production and retail trade decline
Economy
Bank of Russia Lowers Key Rate to 14% as Inflation Rises