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MACROECONOMIC TRENDS

CROLEI - LEADING INDICATOR OF INDUSTRIAL PRODUCTION

In June 2008, the value of CROLEI index recorded an increase of 0.79 index points at monthly level. Also, the speeding up of the annual growth of CROLEI which started in April continued in June with the annual growth rate of 4.33 percent. The positive movements of annual growth rates of CROLEI present since December 2007, and the mentioned speeding up of the annual growth of CROLEI in May and June 2008 suggest that a moderate real economic growth can be expected in the last quarter of 2008. However, this growth should be somewhat more intensive than the one from the first half of 2008. The value of the diffusive index, a supplementary measure representing the share of the number of increasing components in the overall number of components of CROLEI, also supports the prediction of a moderate acceleration of economic activity. In June 2008 the diffusive index stood at the level of 57 percent. Since no longer runs of consecutive monthly declines in the value of CROLEI were recorded in the previous six months and since the value of diffusive index averaged 55 percent in the January - June 2008 period, the end of 2008 should see the economy experiencing a moderate growth.

CONTENTS

Table 1: Basic Macroeconomic Indicators for the Croatian Economy
Macroeconomic trends
CROLEI - Leading indicator of industrial production
Consolidated General Government in January - June 2008 period
Table 2: Budgetary Central Government Revenue
Table 3: Budgetary Central Government Expense
Table 4: Transactions in Nonfinancial assets of Budgetary Central Government
Table 5: Transactions in Financial assets of Budgetary Central Government
Table 6: Transactions in Liabilities of Budgetary Central Government
Table 7: Transactions in Financial assets and Liabilities, by sectors
Table 8: Statement of Budgetary Central Government Operations
Table 8A/8B: Measures of Budgetary Central Government deficit/surplus
Table 9: The Croatian Waters Transactions
Table 10: The Environment Protection Fund Transactions
Table 11: The Croatian Motorways Ltd. Transactions
Table 12: The Croatian Roads Ltd. Transactions
Table 13: The State Agency for Deposit Insurance and Banks Rehabilitation Transactions
Table 14: The Croatian privatization Fund Transactions
Table 15: Consolidated Central Government by Economic Category
Table 16: Consolidated Central Government According to Government Level
Table 16A/16B: Measures of Consolidated Central Government deficit/surplus
Table 17: Local Government Transactions (the largest 53 units)
Table 18: Consolidated General Government by Economic Category
Table 19: Consolidated General Government According to Government Level
Table 20: General Government Debt Stock
Public Debt at the end of June 2008
Table 21: Consolidated Central Government Domestic Debt
Table 22: Results of Treasury Bill’s Auctions held by the Ministry of Finance
Treasury Bills
Notes on Methodology
management of the Ministry of Finance
Advance Release Calendar

*****

To view the original document, please click on the link below:

http://reports.aiidatapro.com/CBG/Monthly_Statistical_Review_June_2008.pdf

*****

AII Data Processing does not endorse in any way, the views, opinions or recommendations expressed above. The use of the Information is subject to the terms and conditions as published by the original source, which you have to read and accept in full prior to the execution of any actions taken in reliance on Information contained herein.

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