With data for September showing the lowest yoy increase since March 2021, inflation in Croatia has levelled off at 3.0% yoy in the first nine months of the year. It is clear that prices are normalising in all but one aggregate. Services are still causing headaches! Although the stubbornness of service inflation is a well-known development throughout Europe, it is even more pronounced in Croatia. |
In this quarterly asset allocation update, we provide the typical Croatian EUR investor with an in-depth market analysis, explanations of the individual asset classes, and the optimal portfolios under various risk tolerance levels. |
In Q2 24, Croatia continued to record solid growth rates that are among the highest in the EU. Although the pace of annual and quarterly growth has slowed down slightly, economic activity continues to be strongly supported by domestic demand. On the other hand, net foreign demand acted in the opposite direction yet again. |
In this quarterly asset allocation update, we provide the typical Croatian EUR investor with an in-depth market analysis, explanations of the individual asset classes, and the optimal portfolios under various risk tolerance levels. |
At the beginning of 2024, Croatia continued to record solid growth rates, among the highest in the EU. Although the dynamics of annual and quarterly growth has slowed down slightly, economic activity is still strongly supported by domestic demand. On the other hand, net foreign demand acted in the opposite direction, primarily as a result of decline in exports of services. |