Croatia: Industrial output growth dips in July
Industrial production increased 2.8% year on year in working-day adjusted terms in July (June: +3.8% yoy).
On a monthly basis, factory output fell 1.9% in seasonally-adjusted terms in July, contrasting June’s 1.2% expansion and marking the worst result since April 2021. Meanwhile, the trend pointed down, with the annual average growth of industrial production coming in at an over one-year low of 3.4%, down from June’s 3.5%.