In June, industrial output contracted 5.5% over the same month last year in working-day adjusted terms, which was below the 3.8% drop recorded in May. According to the Croatian Bureau of Statistics, all the main subcategories deteriorated compared to the previous month, with the electricity, gas, steam and air conditioning supply category falling into the red and the mining sector plunging 23.1%. A month-on-month analysis corroborates the deterioration suggested by annual figures, as industrial production plunged 1.6% over the previous month in seasonally adjusted terms, which contrasted the 2.6% rise observed in May. Owing to the negative readings seen in recent months, the trend continues to deteriorate, with annual average variation in industrial production falling from minus 2.8% in May to minus 3.4% in June.
Industrial production contracts at faster pace in June
July 31, 2012
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Croatia Economic News
October 17, 2016
In September, consumer prices increased 1.0% from the previous month, which contrasted August’s 0.2% drop and marked the highest reading in four years.
September 29, 2016
After months of political conflict had led the government to collapse in June, snap elections were held in Croatia on 11 September.
September 29, 2016
In August, industrial output rose 2.5% over the same month of last year in seasonally and working-day adjusted terms, which represented an acceleration over July’s weaker 1.2% increase.
September 15, 2016
In August, consumer prices declined 0.2% over the previous month, which was a softer drop than July’s 0.7% decrease.
September 2, 2016
In July, industrial output rose 1.2% over the same month of last year in working-day adjusted terms, which represented a significant slowdown from June’s 4.1% increase and the lowest result in seven months.