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MARCH BUSINESS OPTIMISM INDEX RECORDS SLIGHT DECREASE

ZAGREB, March 12 (Hina) - The value of Croatia's Business Optimism Index (IPO) in March was 51.9 points, a slight decrease as against February's 52.3 points, the Croatian Employers Association said on Monday. Major entrepreneurs continue to be more optimistic than small and medium-sized ones. The chief disturbance factors continue to be high interest rates, the tax policy, corruption, and lack of demand. Entrepreneurs are also bothered by an increase in the price of labour, the domestic currency and inflation rates. Some 50 companies took part in the latest IPO poll, an indicator of the confidence business people have in the economy in the coming period and a good pre-indicator of the basic macroeconomic variables.(hina) ha
ZAGREB, March 12 (Hina) - The value of Croatia's Business Optimism Index (IPO) in March was 51.9 points, a slight decrease as against February's 52.3 points, the Croatian Employers Association said on Monday. Major entrepreneurs continue to be more optimistic than small and medium-sized ones. The chief disturbance factors continue to be high interest rates, the tax policy, corruption, and lack of demand. Entrepreneurs are also bothered by an increase in the price of labour, the domestic currency and inflation rates. Some 50 companies took part in the latest IPO poll, an indicator of the confidence business people have in the economy in the coming period and a good pre-indicator of the basic macroeconomic variables. (hina) ha

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