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Croatia Industrial production May 2022

Croatia: Industrial output growth accelerates in May

Industrial production increased 3.0% year-on-year in working-day adjusted terms in May (April: +1.6% yoy).

On a monthly basis, factory output rose 0.4% in seasonally-adjusted terms in May, which contrasted April’s 1.1% fall. Meanwhile, the trend pointed down, with the annual average growth of industrial production coming in at 3.7% in May, down from April’s 4.7%.

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