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CROLEI index continues to grow

ZAGREB, Sept 25 (Hina) - CROLEI, the Croatian Leading Economic Indicator, rose by 0.46 percent in July in relation to June, the Croatian Finance Ministry reported on Monday.
ZAGREB, Sept 25 (Hina) - CROLEI, the Croatian Leading Economic Indicator, rose by 0.46 percent in July in relation to June, the Croatian Finance Ministry reported on Monday.

This rise together with the previous five consecutive growths indicates a steady growth in the industrial activities in the fourth quarter of this year, the ministry said.

CROLEI is a composite index aimed at forecasting overall economic activities and it consists of 11 indicators.

The CROLEI Index is a joint product of the Zagreb-based Institute and the Croatian Finance Ministry.

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