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DZS: Consumption growth slowed again in June
Croatia📈 EconomyCenter7 hr. ago

DZS: Consumption growth slowed again in June

The article reports that retail consumption in Croatia slowed down in June, marking the third consecutive month of declining growth rates. According to data from the State Statistics Office (DZS), retail sales increased by 0.4% year-on-year in June, continuing a 39-month streak of growth but at a decreasing pace. On a monthly basis, sales of food, beverages, and tobacco products rose by 2.5%, while non-food goods excluding motor fuels and lubricants saw a 2.9% increase. However, sales of motor fuels and lubricants fell by 12.9%. The slowdown in retail consumption could impact the country's GDP, as consumer spending is the largest component of GDP. In the first half of 2026, calendar-adjusted retail trade volume grew by 1.9% compared to the same period in 2025. This follows a slower growth trend in the first quarter of 2026, where GDP growth was 2.2% annually, down from 3.6% in the previous quarter.

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HRT (Hrvatska radiotelevizija) logoHRT (Hrvatska radiotelevizija)State / PublicCenter7 hr. ago
DZS: Consumption growth slowed again in June

The article reports that retail consumption in Croatia slowed down in June, marking the third consecutive month of declining growth rates. According to data from the State Statistics Office (DZS), retail sales increased by 0.4% year-on-year in June, continuing a 39-month streak of growth but at a decreasing pace. On a monthly basis, sales of food, beverages, and tobacco products rose by 2.5%, while non-food goods excluding motor fuels and lubricants saw a 2.9% increase. However, sales of motor fuels and lubricants fell by 12.9%. The slowdown in retail consumption could impact the country's GDP, as consumer spending is the largest component of GDP. In the first half of 2026, calendar-adjusted retail trade volume grew by 1.9% compared to the same period in 2025. This follows a slower growth trend in the first quarter of 2026, where GDP growth was 2.2% annually, down from 3.6% in the previous quarter.

Bias read (Center): The article presents factual economic data without overt ideological framing. It objectively reports statistical trends and their potential implications for GDP growth without taking a clear partisan stance. While economic performance can be politically sensitive, the tone remains neutral, focusing

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