The economic situation has deteriorated
EC monthly report
According to the EC monthly report the situation in the Croatian economy in August has deteriorated compared to July after being affected by lower expectations in retail, industry, and services, while the situation has somewhat deteriorated all over the EU. The business environment index in Croatia in August has been reduced for 1.7 points down to 110.7 points. It was up 0.2 points in July. The expectations in August have deteriorated the most in retail, where the index has plummeted 5.8 points.