Market pulse

30 May 2016.

Croatian Shopping Center Turnover Index in rising trend

Turnover growth and positive index change was recorded for April and the first quarter of this year.

In order to get freshest insight into the latest retail market findings and market indicators dynamics, DEER carried out comprehensive research and analysis of the retail industry.
Newest research was conducted on a sample of several different types of Shopping Centers in Croatia. Analysis of turnover change was done specifically for April and the first quarter of this year.
According to the latest data from April 2016, the average turnover recorded by the Index increased by 4,5 % , reflecting the raised willingness of customers to spend more than they were ready to do in the same period of the last year. An even bigger turnover increase was reached on a quarterly basis marking an increase of 9.4% when compared to the same period in 2015.

The turnover index showed significant increase in all retail categories except of Food sector (supermarkets) whose index marked a drop of the -11.2% in April and -3.6% in first quarter 2016.

The significant increase was reached in the Electronic devices sector (TI for April/28,0%, TI for Q1/30,2%),  Restaurant/Bar sector (IP for April/21,3%, IP for Q1/16,3%) and Fashion Accessories sector  (TI for April/16,5%, TI for Q1/7,4%). Increase in turnover of Apparel category (TI for April/4.9%, IP for Q1/10.7%), Footwear sector (TI for May 6.1%/IP for Q1/8,6%) and Cosmetics/Perfumery sector (IP for April/2.7%, IP for Q1/6,0%) was around the average value of the turnover index.

DEER findings in positive numbers of turnover Index’s demonstrate the strength of the retail market, which in turn will provide investors with added confidence when investing into Croatian retail industry.

In order to get freshest insight into the latest retail market findings and market indicators dynamics, DEER carried out comprehensive research and analysis of the retail industry.

Newest research was conducted on a sample of several different types of shopping centers in Croatia.  Analysis of turnover change was done specifically for April and the first quarter of this year.

According to the latest data from April 2016, the average turnover recorded by the Index increased by 4,5 % , reflecting the raised willingness of customers to spend more than they were ready to do in the same period of the last year. An even bigger turnover increase was reached on a quarterly basis marking an increase of 9.4% when compared to the same period in 2015.

The turnover index showed significant increase in all retail categories except of Food sector (supermarkets) whose index marked a drop of the -11.2% in April and -3.6% in first quarter 2016.

The significant increase was reached in the Electronic devices sector (TI for April/28,0%, TI for Q1/30,2%),  Restaurant/Bar sector (IP for April/21,3%, IP for Q1/16,3%) and Fashion Accessories sector  (TI for April/16,5%, TI for Q1/7,4%). Increase in turnover of Apparel category (TI for April/4.9%, IP for Q1/10.7%), Footwear sector (TI for May 6.1%/IP for Q1/8,6%) and Cosmetics/Perfumery sector (IP for April/2.7%, IP for Q1/6,0%) was around the average value of the turnover index.

DEER findings in positive numbers of turnover Index’s demonstrate the strength of the retail market, which in turn will provide investors with added confidence when investing into Croatian retail industry.

Read more:

Begin the future now and contact us.



Thank you for contacting us.

Your message will be reviewed shortly and a response made to the email address or phone number given.

Have a great day.
DEER support team