Although business optimism has increased, there are still no reasons to believe that Croatia is coming out of the recession. The rise in the index is ascribed to better expectations from business in the next six months while the satisfaction with the current business situation is falling, reads a report on Hlipo index in April.
The optimism in April is based on expectations from the coming summer season.
The Hlipo index is compiled by the Hendal market research agency and the Lider business weekly following findings of surveys conducted in 400 big, medium-sized and small companies in the manufacturing industry, construction, trade, transportation, tourist trade and services.