This rise together with the previous four consecutive growths indicates a steady growth in the industrial activities in the fourth quarter of this year.
CROLEI is a composite index aimed at forecasting overall economic activities and it consists of 11 indicators.
Elements showing a rise on the monthly basis the number of overnight stays, retail, total liquid assets, cash, deposits and savings in kuna placed with commercial banks.
The CROLEI Index is a joint product of the Zagreb-based Institute and the Croatian Finance Ministry.