Croatia: Inflation Moderate

Politics ♦ Published: October 10, 2013; 21:31 ♦ (Vindobona)

At the session the CNB Council examined recent economic and monetary indicators, as well as expected further developments.

Croatia: Inflation Moderate / Picture: © Croatian National Bank

Mild growth of economic activity in the second quarter of 2013 and stagnant developments at the beginning of the third quarter indicate that the overall fall of economic activity in 2013 and the decrease in employment may be smaller than the CNB July estimates. With regard to balance of payments developments, the current account balance continued to improve in the second quarter, and…