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2022/05/23 / Erste Group Research

This week, first quarter GDP growth will be published in Croatia. This publication will complete the data prints on economic growth in the region in the first three months of the year. In general, GDP growth dynamics were solid and above expectations across CEE. In Croatia, we see the growth at 4.7% y/y in 1Q22. We should also see the first data for the second quarter, as April retail sales will be published in Croatia and Slovenia. We expect to see a solid growth trajectory in both countries. Furthermore, the unemployment rate is expected to have inched down in Hungary and Poland, highlighting the resilience of the local labour markets, while the producer price index in Slovakia likely remained elevated at well above 30% y/y in April.

General information

AuthorErste Group Research
Date2022/05/23
Languageen
Product nameVideo
Topic in focusFX, Macro/ Fixed income
Economy in focusCEE, Croatia
Currency in focusCroatian Kuna
Sector in focus-
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