Croatia Industrial production June 2022

Croatia

Croatia: Industrial output growth accelerates in June

July 29, 2022

Industrial production increased 3.8% year-on-year in working-day adjusted terms in June (May: +3.0% yoy).

On a monthly basis, factory output rose 1.2% in seasonally-adjusted terms in June, which followed May’s 0.4% uptick. Meanwhile, the trend pointed down, with the annual average growth of industrial production coming in at 3.5% in June, down from May's 3.7%.

FocusEconomics Consensus Forecast panelists project industrial output to increase 4.2% in 2022, which unchanged from last month’s projection. For 2023, the panel projects industrial output to expand 3.8%.


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