In March, industrial output plummeted a working-day adjusted 7.9% over the same month last year, which was below the revised 5.6% drop observed in February (previously reported: -5.2% year-on-year) and marked the steepest fall recorded since November 2009. According to the Croatian Bureau of Statistics, the figure mainly reflected a sharp decline in manufacturing as well as in electricity, gas, steam and air conditioning supply. A month-on-month analysis corroborates the deterioration suggested by the annual figures, as industrial production contracted 2.5% over the previous month in seasonally adjusted terms, which contrasted the 0.6% rise seen in February. Owing to the subdued March reading, the trend deteriorated, with annual average variation in industrial production falling from minus 1.1% in February to minus 1.5% in March.
Industrial production declines at fastest pace since November 2009
April 30, 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.