Croatia: Industrial production rebounds in August
Latest reading: Industrial production was up 3.0% in calendar-adjusted year-on-year terms in August, following a 1.0% drop in the previous month.
Relative to the previous month’s figures, readings in August improved for electricity, gas, steam and air conditioning supply (-6.8% calendar-adjusted year on year vs -10.2% in July) and manufacturing (+6.2% vs +0.9% in July). In contrast, the reading for mining and quarrying softened in August (-10.8% vs +0.1% in July).
In calendar- and seasonally adjusted month-on-month terms, industrial production rose 0.1% in August, following 1.4% growth in the previous month.