Q4 of 2016 was the most successful part of the year for the retail industry in Croatia. Retailers achieved an annual turnover increase in of 8.6 % compared to 2015. Especially Retail Parks and Hybrid Centers recorded a double-digit growth of 10% compared to the previous year 2015.
Significant turnover growth in Q4 of 2016 in across all important categories but especially in the gastronomy sector, where a plus of nearly 11 % has been recorded . The greatest increase was registered in October (14 %). October was also exceptional in the fashion sector, in which it achieved the highest growth during the 4th quarter (11 %).
December has been a particularly good month for accessory sector, which recorded a growth in turnover of 26 % compared to 2015. According to research by the Croatian Chamber of Commerce, Croatian consumers spent more than € 1.6 billion in December, which is about 4 % more than the previous year.