07.12.2021 / Erste Group Research |
Stellar economic recovery in 2021 Recovery momentum gathered further traction in 3Q21, as the 15.8% y/y figure confirms the full V-shape recovery in 2021. Domestic demand kept a strong print, as both private consumption and investments continued to trend comfortably in excess of 2019 levels. Tourism provided a strong tailwind, as physical indicators suggested activity at 90% of the pre-COVID-19 level. As for the outlook, our current 8.7% call is subject to upside risks, suggesting growth north of the 9% mark, while we marginally trimmed our call for 2022 to 4.8%, reflecting the sound domestic demand outlook, while recognizing less 'normalization' potential from tourism. |
![]() |
Autor | Erste Group Research |
Datum | 07.12.2021 |
Jazyk | ![]() |
Název produktu | CEE Country Macro Outlook |
Hlavní téma | Makro/Úrokové sazby, Směnné kurzy/FX |
Zaostřeno na ekonomiku | Chorvatsko |
Zaměřeno na měnu | Chorvatská kuna |
Zaměřeno na sektor | - |
Stáhnout |