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Tourism investments likely to go down 20% this year

Author: Snježana Pezer

ZAGREB, March 26 (Hina) - The tourism economy expects an increase of 7% in earnings this year compared to 2018 however, an 8.6% increase in labour costs will reduce the profit by 5%, which leads to a 20% decline in investments, the Croatian Tourism Association (HUT) said on Tuesday.

(Hina) sp

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