April 4 (SeeNews) - Croatia's consumer confidence index rose by 1.1 percentage points month-on-month in March and by 12.5 percentage points compared to the same month of 2023, central bank data showed.
The index tracking consumer expectations went up 0.9 percentage points on a monthly comparison basis in March, while in annual terms it rose by 16.9 points, according to figures published by the Croatian central bank last week.
The consumer sentiment index increased by 2.5 percentage points month-on-month and added 12.6 percentage points year-on-year in March.
The consumers’ opinion about the development of the general economic situation in Croatia over the past 12 months improved by 3.0 percentage points month on-month and was higher by 18.8 points year-on-year in March.
Regarding their expectations about the economy in the next 12 months, consumers were more optimistic in March than they had been a month earlier, with the index up 0.7 points. Compared to March 2023, the index measuring the expectations about the economic situation advanced 19.8 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:
|
March 2024 |
February 2024 |
March 2023 |
Consumer confidence |
-9.9 |
-11.0 |
-22.4 |
Consumer expectations |
-6.3 |
-7.2 |
-23.2 |
Consumer sentiment |
-25.3 |
-27.8 |
-37.9 |
General economic situation in the past 12 months |
-41.8 |
-44.8 |
-60.6 |
Expected economic situation in the next 12 months |
-16.3 |
-17.0 |
-36.1 |