In May, industrial output contracted 3.8% over the same month last year in working-day adjusted terms, which was above the harsh 9.3% drop recorded in April. According to the Croatian Bureau of Statistics, the figure mainly reflected a softer decline in manufacturing as well as a rebound in electricity, gas, steam and air conditioning supply. A month-on-month analysis, however, does not corroborate the deterioration suggested by the annual figures, as industrial production expanded 2.6% over the previous month in seasonally adjusted terms, which followed the 1.2% rise observed in April. Despite the softer annual drop recorded in May, the trend deteriorated, with the annual average variation in industrial production falling from minus 2.6% in April to minus 2.9%.
Industrial production declines at softer pace in May
June 29, 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.